S.Amdt. 1819

SA 1819. Mr. HATCH submitted an amendment intended to be proposed to
amendment SA 1618 proposed by Mr. McConnell (for Mr. Hatch (for himself
and Ms. Murkowski)) to the bill H.R. 1, to provide for reconciliation
pursuant to titles II and V of the concurrent resolution on the budget
for fiscal year 2018; which was ordered to lie on the table; as
follows:

On page 440, strike lines 16 through 25, and insert the
following:
``(i) Sales to related parties.--If property is sold to a
related party who is not a United States person, such sale
shall not be treated as for a foreign use unless--

``(I) such property is ultimately sold by a related party,
or used by a related party in connection with property which
is sold or the provision of services, to another person who
is an unrelated party who is not a United States person, and
``(II) the taxpayer establishes to the satisfaction of the
Secretary that such property is for a foreign use.

For purposes of this clause, a sale of property shall be
treated as a sale of each of the components thereof.
______