United States - South African Fair Employment Act - Amends the Internal Revenue Code to reduce, according to a specified formula, the tax credit allowed to United States citizens and corporations who pay taxes to foreign governments if such citizens or corporations violate a fair employment principle governing the employment of employees in the Republic of South Africa. Specifies fair employment principles applicable to taxpayers doing business in South Africa. Requires the taxpayer to report on his compliance with such principles, and imposes criminal penalties for failure to report.
Establishes a Commission on American Employment Practices in South Africa. Empowers the Commission to determine whether a taxpayer has violated a fair employment principle. Sets forth the membership and duties of such Commission.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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