Interest Equalization Tax Extension Act of 1973

[AI summary unavailable — showing source text] Interest Equalization Tax Extension Act - Extends the application of the interest equalization tax until June 30, 1974. Provides an exemption from the U.S. estate tax imposed on nonresident alien individuals for debt obligations issued by a domestic company or partnership under the interest equalization tax election procedure. Eliminates from the exclusion of the interest equalization tax those acquisitions by a U.S. person of stock or debt obligations of a less developed country shipping corporation issued on or after January 30, 1973. obligor with the requirements of this Act.…