1. Short title This Act may be cited as the Corporate Tax Dodging Prevention Act . 2. Restoration of progressive corporate tax rate (a) In general Section 11(b) of the Internal Revenue Code of 1986 is amended to read as follows: (b) Amount of tax (1) In general The amount of the tax imposed by subsection (a) shall be the sum of— (A) 15 percent of so much of the taxable income as does not exceed $50,000, (B) 25 percent of so much of the taxable income as exceeds $50,000 but does not exceed $75,000, (C) 34 percent of so much of the taxable income as exceeds $75,000 but does not exceed $10,000,000, and (D) 35 percent of so much of the taxable income as exceeds $10,000,000. In the case of a corporation which has taxable income in excess of $100,000 for any taxable year, the amount of tax determined under the preceding sentence for such taxable year shall be increased by the lesser of (i) 5 percent of such excess, or (ii) $11,750. In the case of a corporation which has taxable income in excess of $15,000,000, the amount of the tax determined under the foregoing provisions of this paragraph shall be increased by an additional amount equal to the lesser of (i) 3 percent of such excess, or (ii) $100,000. (2) Certain personal service corporations not eligible for graduated rates Notwithstanding paragraph (1), the amount of the tax imposed by subsection (a) on the taxable income of a qualified personal service corporation (as defined in section 448(d)(2)) shall be equal to 35 percent of the taxable income. . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2024. 3. Equalization of tax rates on domestic and foreign income (a) In general Section 952 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: (e) Special application of subpart (1) In general For taxable years beginning after December 31, 2024, notwithstanding any other provision of this subpart, the term subpart F income means, in the case of any controlled