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United States · Bill · HR

H.R. 7772 (116th)

Tax Parity for U.S. Mutual Funds Act of 2020

referredUnited States· United States Congress· EN

Introduced

24 July 2020

Last action

Status

Referred to the Subcommittee on Select Revenue Measures.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Tax Parity for U.S. Mutual Funds Act of 2020 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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