Stop Corporate Inversions Act of 2026

This bill changes federal tax rules for U.S. companies that merge with or are acquired by a foreign company and move their legal home abroad, known as inversions. Under the bill, the new foreign company would be taxed as a U.S. company if more than 50 percent of its stock is held by former owners of the U.S. company, or if it is managed and controlled mainly from the United States and has significant U.S. business activities. Significant U.S. business activities means at least 25 percent of the group's employees, pay, assets, or income are in the United States. The rule would not apply if the group has substantial business activities in the foreign country where the new company is organized. The changes would apply to taxable years ending after May 8, 2014.

Full text and official record on Congress.gov

Sponsors

• Richard J. Durbin Democrat sponsor
• 9 cosponsors