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

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Finance--Law and legislation.

Finance.

Corporations, Foreign.

Taxation.

Physical Description:

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

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2010.

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. 3962, the Affordable Healthcare for America Act of 2009; and H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010. 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 Sept. 2012). 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.