The "No Tax Breaks for Outsourcing Act" aims to amend the Internal Revenue Code to enhance the taxation of foreign income earned by U.S. corporations and eliminate tax incentives that encourage outsourcing. The primary goal is to prevent tax avoidance by mandating that U.S. companies include their foreign income in their taxable income for the current year. Key provisions of the legislation include replacing the existing "global intangible low-taxed income" with "net CFC tested income," which pertains to income from controlled foreign corporations. U.S.