S 3088 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code to permit foreign pension plans to invest in the United States on a non-taxable basis.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1980-09-04)
Plain Language Summary
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Amends the Internal Revenue Code to exempt from liability for income tax on investments in the United States any foreign pension plan maintained, under the laws of such foreign country, primarily for the benefit of employees who are nonresident alien individuals.…
Summarized by Claude AI · Non-partisan · For informational purposes only