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United States · Bill · HR

H.R. 3142 (117th)

Tax Parity for U.S. Mutual Funds Act of 2021

referredUnited States· United States Congress· EN

Introduced

12 May 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Tax Parity for U.S. Mutual Funds Act of 2021 This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements.

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Documents

3 official files

Introduced in House (text)

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