Stop Corporate Inversions Act of 2026

This bill changes federal tax rules for corporations that move their legal home to another country, often through a merger, while keeping much of their business in the United States. A foreign company formed through such a deal after May 8, 2014, would be taxed as a U.S. company if former owners of the U.S. company hold more than 50 percent of its stock. It would also be taxed as a U.S. company if its management is mainly in the United States and at least 25 percent of its employees, pay, assets, or income are in the United States. Companies with substantial business activities in the country where they are organized would be exempt. The changes would apply to tax years ending after May 8, 2014.

Full text and official record on Congress.gov

Sponsors

• Lloyd Doggett Democrat sponsor
• 0 cosponsors