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United States · Bill · HR

H.R. 5695 (96th)

A bill to amend the Internal Revenue Code of 1954 to provide an exclusion for income earned abroad attributable to certain missionary services.

referredUnited States· United States Congress· EN

Introduced

24 October 1979

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to provide a tax exclusion from personal income earned abroad by an individual performing qualified missionary services for a tax-exempt employer created or organized in the United States. Limits such exclusion to an amount not to exceed a figure computed on a daily basis at an annual rate of $20,000. Sets a formula for the maximum amount of exclusion for an individual performing missionary services and other services while residing in a camp located in a hardship area.

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Documents

1 official file

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