U.S. Lawmakers Move to End Tax Discounts on Corporate Overseas Profits

February 5, 2025 – February 12, 2026

Lawmakers have introduced bills to eliminate tax loopholes and preferential rates for U.S. corporations' foreign earnings. The proposed legislation requires firms to pay full domestic tax rates on global income, effectively ending discounts for overseas profits starting in 2025.

Policies— 3 policys

New Bill Targets Tax Breaks for Companies That Outsource Services to Foreign Workers

H.R. 7559

Congress Proposes New Rules to Eliminate Tax Breaks for U.S. Companies Moving Operations Abroad

H.R. 995

Senate Bill Targets Corporate Outsourcing by Ending Tax Breaks for Overseas Profits

S. 409

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