To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.
USA115th CongressHR-7373| House
| Updated: 12/20/2018
George Holding
Republican Representative
North Carolina
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Employee benefits and pensionsFinancial services and investmentsForeign and international corporationsIncome tax exclusionReal estate businessTaxation of foreign incomeU.S. and foreign investments
To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.
USA115th CongressHR-7373| House
| Updated: 12/20/2018
This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
George Holding
Republican Representative
North Carolina
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Employee benefits and pensionsFinancial services and investmentsForeign and international corporationsIncome tax exclusionReal estate businessTaxation of foreign incomeU.S. and foreign investments