Tax Treaty Legislation in the 111th Congress : Explanation and Economic Analysis.

Format:

• Book
• Government document

Language:

English

Subjects (All):

• Finance--Law and legislation.
• Corporations, Foreign.
• Taxation.

Physical Description:

1 online resource (10 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2009.

System Details:

text file

Summary:

Explains taxation of foreign firms in the U.S. and practice of "treaty shopping," where a foreign parent firm in one country receives its U.S.-source income through an intermediate subsidiary in a third country that is signatory to a tax-reducing treaty with the U.S. Reviews measures to curb treaty shopping in H.R. 3200, the America's Affordable Health Choices Act of 2009; H.R. 2419, the omnibus 2007 farm bill; and H.R. 3970, the Tax Reduction and Reform Act of 2007. Presents pro/con arguments, reviews alternative approaches and previous legislation, and provides economic analysis of restrictions on treaty shopping.

Notes:

• Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
• CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Tax Treaty Legislation in the 111th Congress

Access Restriction:

Restricted for use by site license.