United States · Bill · S
S. 502 (97th)
A bill to amend the Internal Revenue Code to permit foreign pension plans to invest in the United States on a nontaxable basis.
Introduced
19 February 1981
Last action
—
Status
Subcommittee on Taxation and Debt Management. Hearings held.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to grant tax-exempt status to a trust, corporation, or fund formed by a foreign segregated asset pension plan maintained primarily for the benefit of nonresident alien employees. Requires, as a condition for such tax-exemption, that the pension plan be eligible for preferential tax treatment in the foreign country in which it is maintained.
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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 · 19 February 1981
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/97th-congress/senate-bill/502
- Open data entity: https://api.congress.gov/v3/bill/97/s/502