[History of Bills, Volume 143 (1997)]
[From the U.S. Government Publishing Office, www.gpo.gov]
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H.R. 854--A bill to discourage domestic corporations from establishing
foreign manufacturing subsidiaries in order to avoid Federal taxes
by including in gross income of U.S. shareholders in foreign
corporations the retained earnings of any such subsidiary which
are attributable to manufacturing operations in runaway plants or
tax havens; to the Committee on Ways and Means.
By Mr. TRAFICANT, H669 [26FE]