To amend the Internal Revenue Code of 1986 to impose a minimum tax on certain foreign or foreign controlled corporations.
Fairness and Equity Tax Act of 1992 - Amends the Internal Revenue Code to impose an additional minimum tax on: (1) a domestic corporation which is 25 percent foreign-owned; or (2) a foreign corporation engaged in a trade or business within the United States.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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