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H.R. 4598

To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.

This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests.

Referred to the House Committee on Ways and Means.

Rep. Suozzi, Thomas R. [D-NY-3](D-NY)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions7subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interes… — Informed