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   &lt;pre&gt;[Congressional Record Volume 167, Number 82 (Wednesday, May 12, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. DANNY K. DAVIS of Illinois:H.R. 3142.Congress has the power to enact this legislation pursuantto the following:Article I of the Constitution and its subsequent amendmentsand further clarified and interpreted by Supreme Court of theUnited States.[Page H2271]&lt;/pre&gt;
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     &lt;p&gt;&lt;b&gt;Tax Parity for U.S. Mutual Funds Act of 2021&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements. &lt;/p&gt;
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2021-05-12
Ways and Means Committee
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Referred to the House Committee on Ways and Means.
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Rep. Estes, Ron [R-KS-4]
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2021-05-12
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P000096
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WILLIAM
Rep. Pascrell, Bill, Jr. [D-NJ-9]
PASCRELL
J.
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2021-05-12
NJ
S001201
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Thomas
Rep. Suozzi, Thomas R. [D-NY-3]
Suozzi
R.
D
2021-05-12
NY
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-05-12
2021-05-12
Referred to the House Committee on Ways and Means.
House
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DANNY
Rep. Davis, Danny K. [D-IL-7]
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Employee benefits and pensions Financial services and investments Foreign and international corporations Securities Taxation of foreign income U.S. and foreign investments
2021-05-12
Introduced in House
 <p><b>Tax Parity for U.S. Mutual Funds Act of 2021</b></p> <p>This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements. </p>
2021-06-30T13:17:51Z
00
2021-05-12T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr3142ih/xml/BILLS-117hr3142ih.xml
Tax Parity for U.S. Mutual Funds Act of 2021
Tax Parity for U.S. Mutual Funds Act of 2021
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IH
Introduced in House
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Introduced in House
Tax Parity for U.S. Mutual Funds Act of 2021
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2023-01-11T13:49:50Z
2023-01-11T13:49:50Z
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Rep. Suozzi, Thomas R. [D-NY-3]
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2021-05-12
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2021-05-12
Introduced in House
 <p><b>Tax Parity for U.S. Mutual Funds Act of 2021</b></p> <p>This bill establishes international regulated investment companies (IRICs) and specifies rules for the taxation of such companies. An IRIC is a regulated investment company (i.e., a mutual fund) that has all of its outstanding stock held by foreign shareholders, including nonresident alien individuals (and their foreign estates) and qualified foreign pension funds, and meets other specified requirements. </p>
2021-06-30T13:17:51Z
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Tax Parity for U.S. Mutual Funds Act of 2021
Tax Parity for U.S. Mutual Funds Act of 2021
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Introduced in House
To amend the Internal Revenue Code of 1986 to provide for International Regulated Investment Companies.
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Short Title(s) as Introduced
2021-05-12
Referred to the House Committee on Ways and Means.