A bill to amend the Internal Revenue Code of 1954 to provide the same tax exemption for servicemen in and around Korea as is presently provided for those in Vietnam.

[AI summary unavailable — showing source text] Excludes from gross income, under the Internal Revenue Code, pay for service performed in the Republic of Korea, including the adjacent waters and the demilitarized zone: Provides that military service performed in the Republic of Korea shall be considered as service performed in a combat zone in which combatant activities are carried on. (Adds 26 U.S.C. 112(d))…