113 HR 4464 IH: To amend the Internal Revenue Code of 1986 to make permanent the look-through treatment of payments between related controlled foreign corporations. U.S. House of Representatives 2014-04-10 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 113th CONGRESS 2d Session H. R. 4464 IN THE HOUSE OF REPRESENTATIVES April 10, 2014 Mr. Boustany (for himself, Mr. Kind, Mr. Reed, Mr. Schock, Ms. Jenkins, Mr. Tiberi, Mr. Pascrell, Mr. Larson of Connecticut, Mr. Young of Indiana, Mr. Matheson, and Mr. Crowley) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent the look-through treatment of payments between related controlled foreign corporations.

1.

Look-through treatment of payments between related controlled foreign corporations made permanent

(a)

In general

Paragraph (6) of section 954(c) of the Internal Revenue Code of 1986 is amended by striking subparagraph (C). (b)

Effective date

The amendment made by this section shall apply to taxable years of foreign corporations beginning after December 31, 2013, and to taxable years of United States shareholders with or within which such taxable years of foreign corporations end.