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No Tax Breaks for Outsourcing Act and the Stop Tax Haven Abuse Act Introduced in U.S. Congress

|Proposed Changes|United States
United States

On 13 March 2019, Senator Sheldon Whitehouse (D-RI) announced the introduction of No Tax Breaks for Outsourcing Act and the Stop Tax Haven Abuse Act with Representative Lloyd Doggett (D-TX). The measures of the bills are summarized as follows as part of the announcement:

The No Tax Breaks for Outsourcing Act would repeal the Trump Tax offshoring incentives by:

  • Taxing income from overseas subs…

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