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United States · Bill · HR

H.R. 11735 (94th)

A bill to terminate the use of exchange funds as a means of escaping income taxes on realized capital gains.

referredUnited States· United States Congress· EN

Introduced

5 February 1976

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Stipulates that gain or loss on transfers to investment companies or partnerships functioning as investment companies shall be considered realized and recognized gain or loss for purposes of taxation under the Internal Revenue Code.

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Documents

1 official file

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Sources

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