Urging the President to resolve the disparate treatment of direct and indirect taxes presently provided by the World Trade Organization.

Bill: 108-hres-705
Sponsor: Rep. English, Phil [R-PA-3]
Introduced: 2004-07-07 in the House
Policy area: Foreign Trade and International Finance
Subjects: Commerce
Congress
Congress and foreign policy
Congressional reporting requirements
Corporation taxes
Exports
Free trade
Income tax
International Affairs
International agencies
Nontariff trade barriers
Tax rates
Tax rebates
Taxation
Taxation of foreign income
Trade negotiations
Value-added tax

Summary:
action_date: 2004-07-07
text: 
Urges the President to report to Congress: (1) annually on progress in pursuing multilateral and bilateral trade negotiations to eliminate specified trade barriers described in the Trade Act of 2002; and (2) early in the 109th Congress on proposed alternatives to the disparate treatment of direct and indirect taxes presently provided by the World Trade Organization (WTO) and other proposals for redressing the tax disadvantage to U.S. businesses and workers, either by changes to the U.S. corporate income tax or by the adoption of an alternative, including assessment of the impact of corporate tax rates, a system based on the principal of territoriality, and a border adjustment for exports such as is already allowed by the WTO for indirect taxes.

action_date: 2004-07-14
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Urges the President to report to Congress: (1) annually on progress in pursuing multilateral and bilateral trade negotiations to eliminate specified trade barriers described in the Trade Act of 2002; and (2) early in the 109th Congress on proposed alternatives to the disparate treatment of direct and indirect taxes presently provided by the World Trade Organization (WTO) and other proposals for redressing the tax disadvantage to U.S. businesses and workers, either by changes to the U.S. corporate income tax or by the adoption of an alternative, including assessment of the impact of corporate tax rates, a system based on the principal of territoriality, and a border adjustment for exports such as is already allowed by the WTO for indirect taxes.


Legislative actions:
action_date: 2004-07-14
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2004-07-14
text: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 423 - 1 (Roll no. 372). (text: CR H5672)
action_date: 2004-07-14
text: Passed/agreed to in House: On motion to suspend the rules and agree to the resolution Agreed to by the Yeas and Nays: (2/3 required): 423 - 1 (Roll no. 372).(text: CR H5672)
action_date: 2004-07-14
text: Considered as unfinished business. (consideration: CR H5687-5688)
action_date: 2004-07-14
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2004-07-14
text: DEBATE - The House proceeded with forty minutes of debate on H. Res. 705.
action_date: 2004-07-14
text: Considered under suspension of the rules. (consideration: CR H5672-5675)
action_date: 2004-07-14
text: Mr. English moved to suspend the rules and agree to the resolution.
action_date: 2004-07-12
text: Referred to the Subcommittee on Trade.
action_date: 2004-07-07
text: Referred to the House Committee on Ways and Means.
action_date: 2004-07-07
text: Introduced in House
action_date: 2004-07-07
text: Introduced in House