United States · Bill · S
S. 192 (96th)
A bill amend the Internal Revenue Code of 1954 to equalize the tax treatment of domestic and foreign investors.
Introduced
23 January 1979
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
14 June 2021
Summary
Amends the Internal Revenue Code to replace the current 30 percent tax on the capital gains of certain nonresident alien individuals with a tax on the net capital gains of all nonresident alien individuals which is the same as the alternative tax on the net capital gains of individuals who are United States citizens. Imposes a 30 percent tax on the net capital gains received from sources within the United States by a foreign corporation not connected with United States business.
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Timeline
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 23 January 1979
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/192
- Open data entity: https://api.congress.gov/v3/bill/96/s/192