H.R. 5751 · 118th Congress
To amend the Internal Revenue Code of 1986 to restore the limitation on downward attribution of stock ownership in applying constructive ownership rules.
- Stage
- In committee
- Sponsor
- A. Ferguson
- Introduced
- 2023-09-27
- Latest action
- 2023-09-27 · Introduced in House
Summary
This bill restores the limitation on downward attribution rules to 50% of stock ownership in applying constructive ownership rules to controlled foreign corporations.