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United States · Bill · S

S. 867 (97th)

Expatriates Tax Act of 1981

openUnited States· United States Congress· EN

Introduced

2 April 1981

Last action

Status

Subcommittee on Taxation and Debt Management. Hearings held.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Expatriates' Tax Act of 1981 - Amends the Internal Revenue Code to exclude from gross income 80 percent of the income earned by a U.S. citizen from sources in a foreign country if: (1) the taxpayer establishes that he is a bona fide resident of that country; or (2) during any period of 12-consecutive months, he is outside the United States for at least 330 full days. Makes such exclusion optional at the election of a taxpayer. Provides that such exclusion does not apply to United States government or military employees living abroad.

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Documents

1 official file

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Sources

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