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Permanent CFC Look-Through Act of 2023

USA118th CongressHR-4357| House 
| Updated: 6/23/2023
Claudia Tenney

Claudia Tenney

Republican Representative

New York

Cosponsors (2)
Terri A. Sewell (Democratic)Donald G. Davis (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Permanent CFC Look-Through Act of 2023 This rule makes permanent the look-through rule for related controlled foreign corporations (CFCs). That rule provides that dividends, interest, rents and royalties one CFC receives from a related CFC are not treated as foreign personal holding company income (thus permitting the deferral of tax on such income).
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Timeline
Jun 23, 2023
Introduced in House
Jun 23, 2023
Referred to the House Committee on Ways and Means.
  • June 23, 2023
    Introduced in House


  • June 23, 2023
    Referred to the House Committee on Ways and Means.

Taxation

Permanent CFC Look-Through Act of 2023

USA118th CongressHR-4357| House 
| Updated: 6/23/2023
Permanent CFC Look-Through Act of 2023 This rule makes permanent the look-through rule for related controlled foreign corporations (CFCs). That rule provides that dividends, interest, rents and royalties one CFC receives from a related CFC are not treated as foreign personal holding company income (thus permitting the deferral of tax on such income).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 23, 2023
Introduced in House
Jun 23, 2023
Referred to the House Committee on Ways and Means.
  • June 23, 2023
    Introduced in House


  • June 23, 2023
    Referred to the House Committee on Ways and Means.
Claudia Tenney

Claudia Tenney

Republican Representative

New York

Cosponsors (2)
Terri A. Sewell (Democratic)Donald G. Davis (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted