Interest Equalization Tax Extension Act of 1965
Author: United States. Congress. House. Committee on Ways and Means
Publisher:
Published: 1965
Total Pages: 132
ISBN-13:
DOWNLOAD EBOOKConsiders H.R. 4750, the Interest Equalization Tax Extension Act of 1965, to extend the excise tax on certain interest bearing foreign securities held by U.S. citizens to equalize the investment yields between U.S. and foreign securities and to discourage capital outflow thereby improving U.S. balance of payments posture.