FOREIGN INVESTMENTS
Articles and editorials
Romance With Risk That Brought on a Panic, H8964 [14DE]
Bills and resolutions
Africa: advance mutual interests of the U.S. and Africa with respect to the promotion of trade and investment and the advancement of socioeconomic development and opportunity (see H.R. 656), H722 [11FE]
Brazil: support continued development of relationship with the U.S. and negotiation of a bilateral tax treaty (see S. Res. 108), S1828 [17MR]
Dept. of the Treasury: prevent expansion of U.S. bank reporting requirements relative to interest on deposits paid to nonresident aliens (see S. 1506), S5251 [2AU] (see H.R. 2568), H5125 [15JY]
Foreign countries: take action against certain judgment-evading foreign states and state-owned corporations of such states (see S. 912), S2777 [9MY] (see H.R. 1798), H3114 [6MY]
Immigration: permanently authorize EB-5 regional center program (see S. 642), S1827 [17MR] (see H.R. 2972), H6271 [20SE]
OPIC: reauthorize programs (see H.R. 2762), H5884 [1AU]
Political campaigns: prohibit contributions and expenditures by multicandidate political committees controlled by foreign-owned corporations (see H.R. 138), H38 [5JA]
SEC: require companies and banks to disclose sanctionable investments and activities in Iran (see S. 366), S791 [16FE] (see H.R. 740), H1039 (see H.R. 740), H1070 [16FE]
Securities: provide an exemption for certain swaps and security-based swaps involving non-U.S. persons (see H.R. 3283), H7165 [31OC]
Taxation: allow a temporary dividends received deduction for dividends from a controlled foreign corporation (see S. 1671), S6330 [6OC]
———allow temporarily a reduced rate of tax relative to repatriated foreign earnings (see H.R. 1036), H1768 [11MR] (see H.R. 3460), H7828 [17NO]
———exempt certain stock of real estate investment trusts from the tax on foreign investment in U.S. real property interests (see S. 1616), S5903 [22SE] (see H.R. 2989), H6341 [21SE]
———include incentives for companies to repatriate foreign earnings in comprehensive tax reform legislation in order to create new jobs (see S. Res. 25), S127 [25JA]
———modify and permanently extend incentives to reinvest foreign earnings in the U.S. (see S. 1837), S7294 [9NO]
———reduce international tax avoidance and restore a level playing field for U.S. businesses (see S. 1373), S4608 [14JY] (see H.R. 62), H35 [5JA]
———reduce the corporate income tax rate (see H.R. 609), H679 [10FE]
———reduce the corporate income tax rate and change to a more territorial method of taxing corporations (see H.R. 937), H1580 [4MR]
———repeal certain shipping investment withdrawal rules and provide an incentive to reinvest foreign shipping earnings in the U.S. (see S. 626), S1827 [17MR] (see H.R. 1031), H1768 [11MR]
———repeal tax deferral on income of controlled foreign corporations attributable to imported property (see S. 45), S123 [25JA] (see H.R. 2280), H4456 [22JN]
Remarks in House
Business and industry: eliminate tax incentives to move jobs and profits overseas, H423 [24JA], H3260 [12MY], H3800 [31MY]
———encourage venture capital and initial public offerings as incentives to companies to bring back jobs and profits from overseas, H7610-H7613 [15NO]
General Electric Co.: require Dept. of Defense to conduct a national security review of joint venture with the Chinese firm AVIC to develop jet avionic systems, H7637 [16NO]
MF Global Holdings Ltd.: collapse and subsequent bankruptcy declaration, H7724 [17NO], H8962-H8964 [14DE]
Political campaigns: prohibit foreign influence, prevent Federal contractors from making expenditures, and establish additional spending disclosure requirements relative to Federal elections, H442 [25JA], H480, H487 [26JA], E2185 [6DE]
Public debt: debt held by foreigners, H611 [10FE], H2320 [5AP]
Securities: prohibit persons doing business with Iran from using registration exemptions for certain crowdfunded securities, H7309, H7310 [3NO]
Taxation: reduce the corporate income tax rate, H762 [14FE]
———reform the corporate income tax rate, H2652, H2661 [13AP]
———repeal tax deferral on income of controlled foreign corporations attributable to imported property (H.R. 2280), H4868 [12JY]
———require disclosure of political campaign contributions by special interests and foreign influences, H497, H498 [26JA]
Remarks in Senate
Argentina: impact of debt default, S1398 [8MR]
Immigration: permanently authorize EB-5 regional center program (S. 642), S1850 [17MR]
MF Global Holdings Ltd.: collapse and subsequent bankruptcy declaration, S8449 [8DE]
Public debt: debt held by foreigners, S4169, S4170 [29JN]
Taxation: exempt certain stock of real estate investment trusts from the tax on foreign investment in U.S. real property interests (S. 1616), S5910 [22SE]
———reduce international tax avoidance and restore a level playing field for U.S. businesses (S. 1373), S4615 [14JY]
———repeal certain shipping investment withdrawal rules and provide an incentive to reinvest foreign shipping earnings in the U.S. (S. 626), S1838 [17MR]
———repeal tax deferral on income of controlled foreign corporations attributable to imported property, S1965 [30MR]
———repeal tax deferral on income of controlled foreign corporations attributable to imported property (S. 45), S152 [25JA]
Texts of
S. 626, American Shipping Reinvestment Act, S1839 [17MR]
S. 642, Creating American Jobs Through Foreign Capital Investment Act, S1851 [17MR]
S. Res. 25, include incentives for companies to repatriate foreign earnings in comprehensive tax reform legislation in order to create new jobs, S246 [25JA]
S. Res. 108, support continued development of relationship between Brazil and the U.S. and negotiation of a bilateral tax treaty, S1853 [17MR]