S. 1915 — A bill to amend the Internal Revenue Code of 1954 to repeal capital gains tax on disposition of investments in United States real property by foreign countries.

Summary

Amends the Internal Revenue Code to repeal the capital gains tax on disposition of investments in U.S. real property by foreign citizens. Repeals the special reporting requirements with respect to U.S. real property interests.

Full Text

Legislative Actions

1983-10-03
Introduced in Senate
1983-10-03
Read twice and referred to the Committee on Finance.
1983-10-05
Committee on Finance requested executive comment from OMB, Treasury Department.
1984-06-19
Subcommittee on Energy and Agricultural Taxation. Hearings held. Hearings printed: S.Hrg. 98-947.

A bill to amend the Internal Revenue Code of 1954 to repeal capital gains tax on disposition of investments in United States real property by foreign countries.

Sponsors

Subjects

Summary

Full Text

Legislative Actions

Ask about this bill