117th Congress · SENATE BILLBILL

S. 20Removing Incentives for Outsourcing Act

A bill to amend the Internal Revenue Code of 1986 to modify the global intangible low-taxed income by repealing the tax-free deemed return on investments and determining net CFC tested income on a per-country basis.

Taxation
Introduced Jan 22, 2021
Last action Jan 22, 2021
Pipeline · Bill → Law
Step 1
Introduced
Jan 22, 2021
Step 2
Referred
Jan 22, 2021
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryNo summary available

No CRS summary available for this bill.

Provisions · 3 sectionsIntroduced in Senate
Timeline · 2 actions
Jan 22, 2021
Introduced in Senate
Jan 22, 2021
Read twice and referred to the Committee on Finance.