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- S.887
S.887: A bill to repeal the violation of sovereign nations' laws and privacy matters
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about taxation
- Introduced May 7, 2013
- Latest Major Action May 7, 2013
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code, with respect to tax administration requirements for foreign-source income and assets, to repeal: (1) withholding requirements for payments to foreign financial institutions and other foreign entities, (2) information reporting for foreign financial assets, (3) penalties for underpayments of tax attributable to undisclosed foreign financial assets, (4) reporting requirements for shareholders of a passive...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 7, 2013 |
Read twice and referred to the Committee on Finance.
|
| May 7, 2013 |
Introduced in the Senate by Rand Paul (R-Ky.) |