RELATING TO TAX HAVEN ABUSE.
Summary
Requires corporations to include the income of all foreign subsidiaries to the State. Applies the State's apportionment formula to determine the share of reported profits subject to the appropriate tax. Effective 1/1/2022.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2021
Last action Feb 17, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
3
Committee
4
Feb 17, 2021
Upper · Passed
The committee on JDC deferred the measure.
upper
Feb 17, 2021
Upper · Passed
The committee on CPN deferred the measure.
upper
Feb 12, 2021
Upper · Passed
The committee(s) on CPN/JDC has scheduled a public hearing on 02-17-21 10:30AM; CR 229 & Videoconference.
upper
Feb 1, 2021
Committee
Referred to CPN/JDC, WAM.
upper
Jan 27, 2021
Introduced
Introduced.
upper
5 primary · 0 co-sponsors
Sponsors
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