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):

Corporations, Foreign.

Finance--Law and legislation.

Finance.

Taxation.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2010

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:

CRS Report

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

Vendor supplied data

Other Format:

Microfiche version Library of CongressCongressional Research Service Tax Treaty Legislation in the 111th Congress

Publisher Number:

CRS-2010-GVF-0218

Access Restriction:

Restricted for use by site license