Export Company Incentive Act of 1990

Summary

Export Company Incentive Act of 1990 - Amends the Internal Revenue Code to exempt export trade corporations and foreign sales corporations from passive foreign investment company rules. Repeals rules governing the taxation of export trade corporations for income earned outside the United States. Provides for treating actual distributions made by such corporations in taxable years after December 31, 1984, as previously taxed income. Allows such corporations to elect to be treated as foreign sales corporations after December 31, 1990.

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Timeline

1. 28 September 1990

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 28 September 1990

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 September 1990

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 28 September 1990

  Open at official source

Sponsors

• Rep. Matsui, Robert T. [D-CA-3] · D · Sponsor
• · hswm00 · Standing

Related records

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