To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders.
Legislative Progress
Momentum (last 30 days)
0
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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vs 9,062 other HR bills in the 116th — cohort avg 39d
This bill excludes from gross income, for income tax purposes, gains from distributions of intangible property by controlled foreign corporations to U.S. domestic corporations. The bill defines intangible property to include patents, copyrights, licenses, formulas, computer software, and similar items with substantial value.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2020 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 1434/S.634, the Education Freedom Scholarships and Opportunity Act H.R. 2210, the Invest in America Act H.R. 748, the CARES Act Issues related to FIRPTA reform Issues related to GILTI implementation Issues related to indexing capital gains taxes to inflation Issues related to SALT deduction Issues related to tax extenders Mobile Workforce State Income Tax Simplification Act of 2020, H.R. 5674 S. 3280, the Blocking New Corporate Tax Giveaways Act S. 3296, the Accelerate Long-Term Investment Growth Now Act The PLAN Act, H.R. 4232 "H.R. 6800, The Heroes Act " Issues related to implementation of the Paycheck Protection Program "S. 3612, the Small Business Expense Protection Act " Issues related to Schedule B Issues related to alcohol excise taxes Issues related to tax filing and tax preparation deadlines Issues related to DoL information letter on Private Equity investments H.R. 6800, The Heroes Act Issues related to federal royalty rate payments Issues related to federal royalty rate payments Issues related to C-Band Helping Gig Economy Workers Act H. R. 7749, To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders H. R. 7767, To amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic medical and drug manufacturing and advanced medical manufacturing equipment H.R 8201, the Support for Workers, Families, and Social Security Act H.R. 7556, To amend the Internal Revenue Code of 1986 to make a portion of research credit refundable for certain small businesses engaging in specified medical research H.R. 7615, To provide a payrolltaxcreditfor certain expenses associated with protecting employees from COVID-19. H.R. 7787, the Invest Now Act H.R.7505, the AmericanInnovationAct H.R.7537, the Infectious Disease Therapies Research and Innovation Act H.R.7555, To amend the Internal Revenue Code of 1986 to add a new medical research component to the credit for increasing research activities H.Res.1097 - Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies Issues related to digital services taxes Issues related to payroll tax EO S. 1703/H.R.3077, the Affordable Housing Credit Improvement Act S. 4537, The Reinvigorating the Economy, Creating Opportunity for Every Vocation, Employer, Retiree, and Youth (RECOVERY) Act S. 4708/H.R.8038, the Pandemic Preparedness, Response, and Recovery Act (PPRRA) S.3733 and H.R. 6988, the Helping Gig Economy Workers Act of 2020
Referred to the Subcommittee on Select Revenue Measures.
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $90,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Energy Regulatory Commission (FERC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2020 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international taxation, including issues related to corporate tax rates, issues related to the taxation of foreign income including, tax code sections 41, 951A and 954(c)(6), issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico, and issues related to the repatriation of intellectual property (H.R. 7749). ). Issues related to the creditability of Puerto Rico excise taxes. (IRS REG-101657-20 - Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income). Issues related to the amortization of research and experimentation expenses. Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2020 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international taxation, including issues related to corporate rates, issues related to the taxation of foreign income, tax code sections 951A and 954(c)(6), issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to the amortization of research and experimentation expenses. Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $80,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to corporate tax rates, issues related to the taxation of foreign income, tax code sections 951A and 954(c)(6), issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico, and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to the creditability of Puerto Rico excise taxes. (IRS REG-101657-20 - Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income). Issues related to the amortization of research and experimentation expenses. Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2020 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to corporate tax rates, issues related to the taxation of foreign income, tax code sections 951A and 954(c)(6), issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico, and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to the creditability of Puerto Rico excise taxes. (IRS REG-101657-20 - Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income). Issues related to the amortization of research and experimentation expenses. Issues related to OECD negotiations on the taxation of global income
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
H.R. 1434/S.634, the Education Freedom Scholarships and Opportunity Act H.R. 2210, the Invest in America Act H.R. 748, the CARES Act Issues related to FIRPTA reform Issues related to GILTI implementation Issues related to indexing capital gains taxes to inflation Issues related to SALT deduction Issues related to tax extenders Mobile Workforce State Income Tax Simplification Act of 2020, H.R. 5674 S. 3280, the Blocking New Corporate Tax Giveaways Act S. 3296, the Accelerate Long-Term Investment Growth Now Act The PLAN Act, H.R. 4232 "H.R. 6800, The Heroes Act " Issues related to implementation of the Paycheck Protection Program "S. 3612, the Small Business Expense Protection Act " Issues related to Schedule B Issues related to alcohol excise taxes Issues related to tax filing and tax preparation deadlines Issues related to DoL information letter on Private Equity investments H.R. 6800, The Heroes Act Issues related to federal royalty rate payments Issues related to federal royalty rate payments Issues related to C-Band Helping Gig Economy Workers Act H. R. 7749, To amend the Internal Revenue Code of 1986 to encourage the transfer of intangible property from controlled foreign corporations to United States shareholders H. R. 7767, To amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic medical and drug manufacturing and advanced medical manufacturing equipment H.R 8201, the Support for Workers, Families, and Social Security Act H.R. 7556, To amend the Internal Revenue Code of 1986 to make a portion of research credit refundable for certain small businesses engaging in specified medical research H.R. 7615, To provide a payrolltaxcreditfor certain expenses associated with protecting employees from COVID-19. H.R. 7787, the Invest Now Act H.R.7505, the AmericanInnovationAct H.R.7537, the Infectious Disease Therapies Research and Innovation Act H.R.7555, To amend the Internal Revenue Code of 1986 to add a new medical research component to the credit for increasing research activities H.Res.1097 - Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies Issues related to digital services taxes Issues related to payroll tax EO S. 1703/H.R.3077, the Affordable Housing Credit Improvement Act S. 4537, The Reinvigorating the Economy, Creating Opportunity for Every Vocation, Employer, Retiree, and Youth (RECOVERY) Act S. 4708/H.R.8038, the Pandemic Preparedness, Response, and Recovery Act (PPRRA) S.3733 and H.R. 6988, the Helping Gig Economy Workers Act of 2020
Client expense: $60,000 · Firm income: Not reported
2020 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to rates, tax code section 951A, issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to rates, tax code section 951A, issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico, and issues related to the repatriation of intellectual property (HR 7749). Issues related to the creditability of Puerto Rico excise taxes. OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to rates, tax code section 951A, issues related to the taxation of manufacturing income and capital investment in the United States and Puerto Rico, and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to the creditability of Puerto Rico excise taxes. Informational inquiry into the operation of the payroll tax deferral memorandum. Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $270,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2020 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate and international tax, including issues related to rates, tax code section 951A, issues related to the taxation of manufacturing income and capital investment in the United States and issues related to the repatriation of intellectual property (H.R. 7749). Issues related to OECD negotiations on the taxation of global income.
Client expense: Not reported · Firm income: $80,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Republican |
| TX |
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Energy Regulatory Commission (FERC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Justice, Dept of (DOJ), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of