---
title: "International Competition for American Jobs Act"
identifier: "117-S-5349"
congress: 117
bill_number: 5349
bill_type: "S"
version_code: "is"
version_type: "Introduced in Senate"
bill_url: "https://chamberzero.com/congresses/117/bills/s/5349"
source: "https://www.congress.gov/bill/117th-congress/senate-bill/5349"
site: "Chamber Zero"
site_url: "https://chamberzero.com"
rendered_at: "2026-06-04T00:48:08.386Z"
---
# Full Text Index

Full inline text is not available for this bill version in the current text index, but the section-level markdown is available below.

- [SECTION 1 Short title, etc](/congresses/117/bills/s/5349/sections/1-section-one.md)
- [SECTION 2 Permanent extension of look-thru rule for controlled foreign corporations](/congresses/117/bills/s/5349/sections/2.md)
- [SECTION 3 Modification of deduction for foreign-derived intangible income and global intangible low-taxed income](/congresses/117/bills/s/5349/sections/3.md)
- [SECTION 4 Modifications to base erosion minimum tax](/congresses/117/bills/s/5349/sections/4.md)
- [SECTION 5 Rules for allocation of certain deductions to foreign source global intangible low-taxed income for purposes of foreign tax credit limitation](/congresses/117/bills/s/5349/sections/5.md)
- [SECTION 6 Restoration of limitation on downward attribution of stock ownership in applying constructive ownership rules](/congresses/117/bills/s/5349/sections/6.md)
- [SECTION 7 Carryover of net CFC tested loss](/congresses/117/bills/s/5349/sections/7.md)
- [SECTION 8 Redetermination of foreign taxes and related claims](/congresses/117/bills/s/5349/sections/8.md)