3.0.0 4909 2023-01-13T04:48:58Z 2023-01-13T04:48:58Z House H HR 2006-03-08 109 hswm00 Ways and Means Committee House Standing Referred to 2006-03-08T14:50:25Z 2006-03-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2006-03-08 Sponsor introductory remarks on measure. (CR E313) IntroReferral B00100 9 Library of Congress 2006-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-03-08 Introduced in House IntroReferral 1000 9 Library of Congress S000810 Rep. Stark, Fortney Pete [D-CA-13] PETE STARK D CA 13 N Taxation Commerce Corporation taxes Export subsidies Finance and Financial Sector Foreign Trade and International Finance Foreign corporations Income tax Manufacturing industries Tax exclusion Taxation of foreign income Taxation 00 2006-03-08 Introduced in House 2006-04-07T19:08:42Z Trade Sanction Avoidance Act of 2006 - Amends the American Jobs Creation Act of 2004 to repeal provisions allowing: (1) a phase in of the repeal of the tax exclusion for extraterritorial income in 2005 and 2006; and (2) an exemption from such repeal for binding contracts in effect on September 17, 2003.

Amends the FSC Repeal and Extraterritorial Income Exclusion Act of 2000 to repeal the exemption for certain existing foreign sales corporations from the repeal of tax rules relating to such corporations.

]]> Trade Sanction Avoidance Act of 2006 Display Title Trade Sanction Avoidance Act of 2006 Official Title as Introduced To repeal the transition and grandfather provisions relating to foreign sales corporations and extraterritorial income. Introduced in House IH Short Titles as Introduced Trade Sanction Avoidance Act of 2006 Introduced in House 2006-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4909ih/xml/BILLS-109hr4909ih.xml 2006-03-08 Referred to the House Committee on Ways and Means. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.