FOREIGN INVESTMENTS

Bills and resolutions

Dept. of Commerce: implement collection and reporting system for information on foreign operations of U.S. corporations and foreign investments of U.S. investors (see S. 2962), S10846 [8OC]

SEC: prohibit certain entities from trading in capital markets in the U.S. (see H.R. 4426), H3438 (see H.R. 4426), H3537 [20MY]

Telecommunications: strengthen limitation on transfer of telecommunications licenses to foreign companies with government ownership (see H.R. 3969), H1074 [12MR]

Letters

Filing of civil actions against repatriated and foreign corporations: Representative Lamar S. Smith, E1839 [8OC]

Resolution of Western NIS Enterprise Fund (organization) investment dispute in Ukraine: Representatives Kaptur and Curt Weldon, Congressional Ukrainian Caucus, E716 [30AP]

Memorandums

Filing of Civil Actions Against Repatriated and Foreign Corporations: Kenneth R. Thomas, Congressional Research Service, E1839 [8OC]

Remarks in House

Courts: allow filing of civil actions against repatriated and foreign corporations, H7081-H7084, H7105, H7107, H7118, H7119 [14SE], E1839 [8OC]

Ethiopia: prohibit allocation of foreign aid until claims of private property confiscated by the Ethiopian Government are resolved, H5874 [15JY]

Foreign trade: responses to piracy of intellectual property, H533 [24FE]

Taxation: prevent corporations from avoiding the U.S. income tax by reincorporating in a foreign country (H.R. 737), H1375 [24MR]

Telecommunications: strengthen limitation on transfer of telecommunications licenses to foreign companies with government ownership (H.R. 3969), E366 [12MR]

Tyco International, Ltd.: avoidance of U.S. income tax by reincorporating in a foreign country, H1375 [24MR]

Remarks in Senate

Convention on Taxation With Sri Lanka: ratification, S3197 [25MR]

Copyrights: responses to piracy of intellectual property, S2295 [8MR]

Taxation: encourage investing of foreign earnings within the U.S. for productive business purposes, S3321 [30MR], S4883, S4884 [5MY]

———encourage investing of foreign earnings within the U.S. for productive business purposes (S. 596), S3054 [24MR]

———prevent corporations from avoiding the U.S. income tax by reincorporating in a foreign country, S3740 [6AP]

Reports filed

Double Taxation and Prevention of Fiscal Evasion Treaty With Sri Lanka: Committee on Foreign Relations (Senate) (Exec. Rept. 108-11), S2859 [22MR]

Resolutions of ratification

Taxation Convention With Sri Lanka, S3198 [25MR]