Investment Competitiveness Act of 1996

Summary

Investment Competitiveness Act of 1996 - Amends the Internal Revenue Code to exempt interest-related dividends received from a regulated investment company from the 30 percent tax on the income of nonresident aliens and foreign corporations not connected with U.S. business. Provides exceptions. Provides for determining: (1) taxable-interest dividends; and (2) taxable estate stock of nonresident non-citizens in regulated investment companies. Applies the special rules for real estate investment trusts on the disposition of investment in U.S. real property to regulated investment companies.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 July 1996

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 10 July 1996

   Introduced

   Sponsor introductory remarks on measure. (CR S7674-7675)

   Source: IntroReferral

3. 10 July 1996

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 10 July 1996 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 July 1996

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 July 1996

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 10 July 1996

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Baucus, Max [D-MT] · D · Sponsor
• Sen. Gorton, Slade [R-WA] · R · Sponsor
• Sen. Murray, Patty [D-WA] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → Investment Competitiveness Act of 1995