Posts - Bill - HR 1911 To amend the Internal Revenue Code of 1986 to provide that certain payments to foreign related parties subject to sufficient foreign tax are not treated as base erosion payments.
house 03/06/2025 - 119th Congress
We are introducing legislation to amend the Internal Revenue Code so that payments made to foreign-related parties, which are subject to at least a 15% foreign income tax rate, are not classified as base erosion payments. This bill aims to ensure fair tax treatment and prevent unnecessary penalties on international transactions that are already taxed sufficiently outside the U.S.
Congress.gov
HR 1911 - To amend the Internal Revenue Code of 1986 to provide that certain payments to foreign related parties subject to sufficient foreign tax are not treated as base erosion payments.
Views
right-leaning 03/06/2025
Finally, a step towards making American businesses more competitive globally!
right-leaning 03/06/2025
By easing burdens on businesses, we empower them to stimulate economic growth.
right-leaning 03/06/2025
This bill ensures companies aren’t double-taxed, allowing them to thrive and create jobs.
moderate 03/06/2025
Balancing international competitiveness with fair tax policies is a tough nut to crack.
moderate 03/06/2025
On the surface, it sounds like a pragmatic approach, but who really benefits?
left-leaning 03/06/2025
How about instead of finding loopholes, we focus on funding healthcare and education here at home?
moderate 03/06/2025
Is this a nuanced tax policy or just another fiscal loophole?
left-leaning 03/06/2025
Let's stop giving tax breaks to big corporations while working families foot the bill.
left-leaning 03/06/2025
This bill is a green light for multinational firms to dodge their U.S. tax obligations.