To amend the Internal Revenue Code of 1986 to modify the application of the base erosion and anti-abuse tax with respect to certain entities connected to jurisdictions which have implemented an extraterritorial tax.
About This Bill
Committee
Latest Action · July 18, 2023
Referred to the House Committee on Ways and Means.
Unfair Tax Prevention Act
This bill imposes reciprocal taxes on foreign jurisdictions that attempt to impose certain surtaxes on U.S. business operations.
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