A bill to amend the Internal Revenue Code of 1954 with respect to the tax treatment of pension payments made to nonresident aliens.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from the gross income of a nonresident alien amounts received as an annuity under a qualified annuity plan, or from a tax-exempt pension trust, if such amounts were payable by reason of personal services which were performed by such nonresident alien outside the United States, or within the United States for a foreign employer.…