---
title: "No Tax Breaks for Outsourcing Act"
identifier: "118-S-357"
congress: 118
bill_number: 357
bill_type: "S"
version_code: "is"
version_type: "Introduced in Senate"
bill_url: "https://chamberzero.com/congresses/118/bills/s/357"
source: "https://www.congress.gov/bill/118th-congress/senate-bill/357"
site: "Chamber Zero"
site_url: "https://chamberzero.com"
rendered_at: "2026-06-03T23:36:26.761Z"
---
# 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/118/bills/s/357/sections/1-section-one.md)
- [SECTION 2 Current year inclusion of net CFC tested income](/congresses/118/bills/s/357/sections/2.md)
- [SECTION 3 Country-by-country application of limitation on foreign tax credit based on taxable units](/congresses/118/bills/s/357/sections/3.md)
- [SECTION 4 Limitation on deduction of interest by domestic corporations which are members of an international financial reporting group](/congresses/118/bills/s/357/sections/4.md)
- [SECTION 5 Modifications to rules relating to inverted corporations](/congresses/118/bills/s/357/sections/5.md)
- [SECTION 6 Treatment of foreign corporations managed and controlled in the United States as domestic corporations](/congresses/118/bills/s/357/sections/6.md)