87th Congress > Senate > Vote 359

Date: 1962-08-31

Result: 21-65

Vote Subject Matter: Government Management / Budget General Interest

Sponsor: McCARTHY, Eugene Joseph (D-MN)

Bill number: HR10650

Description: HR 10650. MC CARTHY AMEND. TO REPLACE PROVISION ON TAXATION OF CONTROLLED FOREIGN CORPORATIONS W/NEW SECTION REQUIRING U.S. TAXATION OF EARNINGS BY FOREIGN SUBSIDIARIES THAT ARE ACCUMULATED "BEYOND THE REASONABLE NEEDS OF THE BUSINESS."

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