In CommitteeFiled Feb 11, 2026
Sponsor: Rep. Doggett, Lloyd [D-TX-37] (D)
Latest Action
Referred to the House Committee on Ways and Means.
Feb 11, 2026
Summary
It rewrites the definition of an inverted corporation in the tax code, requiring that after a foreign acquisition the company keep U.S. management, control, and at least 25% of its employees, assets, compensation, or income in the United States. Companies that meet those criteria will be taxed as domestic firms, preventing tax avoidance through inversions.
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