US HB4204 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 1 2017 - 25% progression, died in committee
Action: 2017-11-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 1 2017 - 25% progression, died in committee
Action: 2017-11-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
International Regulated Investment Company Act of 2017 This bill amends the Internal Revenue Code to provide for international regulated investment companies (IRICs) and specify rules for the taxation of IRICs. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements.
Title
International Regulated Investment Company Act of 2017
Sponsors
| Rep. Kenny Marchant [R-TX] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-11-01 | House | Referred to the House Committee on Ways and Means. |
| 2017-11-01 | House | Introduced in House |
Subjects
Employee benefits and pensions
Financial services and investments
Foreign and international corporations
Securities
Taxation
Taxation of foreign income
U.S. and foreign investments
Financial services and investments
Foreign and international corporations
Securities
Taxation
Taxation of foreign income
U.S. and foreign investments
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/4204/all-info |
| Text | https://www.congress.gov/115/bills/hr4204/BILLS-115hr4204ih.pdf |
