H.R. 4429 · 113th Congress
Permanent Active Financing Exception Act of 2014
- Stage
- Reported from committee
- Sponsor
- Pat Tiberi
- Introduced
- 2014-04-08
- Latest action
- 2014-05-02 · Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-427.
Summary
Permanent Active Financing Exception Act of 2014 - Amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.