Private Foreign Investment: Hearings Before the Subcommittee on Foreign Trade Policy of the Committee on Ways and Means, House of Representatives, Eighty-fifth Congress, Second SessionUnited States. Congress. House. Committee on Ways and Means, United States. Congress. House. Committee on Ways and Means. Subcommittee on Foreign Trade Policy U.S. Government Printing Office, 1958 - 649 pages |
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activities agencies agricultural BOARD BOGGS Brazil CHAIRMAN Communist COMPANY currency defense deferral developed countries development assistance dollars domestic corporation earnings economic development economic growth effective encourage expanded export Export-Import Bank FEDERATED DEPARTMENT STORES financing foreign business corporation foreign countries foreign income foreign subsidiary foreign tax credit foreign trade free world funds guaranty H. J. HEINZ COMPANY important income tax increase industry interest Internal Revenue Code investors Latin America less developed MACHROWICZ manufacturing ment million Mutual Security Act nomic overseas percent Philippines Policy Committee political PRESIDENT private capital private enterprise private foreign investment private investment abroad problems production profits proposal Research and Policy revenue Soviet statement STRACKBEIN subcommittee tax treaties taxation taxpayer technical assistance tion trade corporation Treasury underdeveloped areas underdeveloped countries underdeveloped world United States corporations United States Government United States private United States tax World Bank YORK
Popular passages
Page 152 - to initiate studies into the principles of business policy and of public policy which will foster the full contribution by industry and commerce to the attainment and maintenance of high and secure standards of living for people in all walks of life through maximum employment and high productivity in the domestic economy.
Page 602 - Newfoundland and which satisfies the following conditions : (a) If 95 per centum or more of the gross income of such domestic corporation for the three-year period immediately preceding the close of the taxable year (or for such part of such period during which the corporation was in existence) was derived from sources other than sources within the United States; and (b) If 90 per centum or more of its gross income for such period or such part thereof was derived from the active conduct of a trade...
Page 602 - Indies, and which satisfies the following conditions : (1) if 95 percent or more of the gross income of such domestic corporation for the 3-year period immediately preceding the close of the taxable year (or for such part of such period during which the corporation was in existence) was derived from sources without the United States; and (2) if 90 percent or more of its gross income for such period or such part thereof was derived from the active conduct of a trade or business.
Page 616 - In such cases, all factors of the transaction, such as negotiations, the execution of the agreement, the location of the property, and the place of payment, will be considered, and the sale will be treated as having been consummated at the place where the substance of the sale occurred.
Page 602 - Western Hemisphere trade corporation" means a domestic corporation all of whose business (other than [incidental! purchases) is done in any country or countries in North, Central, or South America, or in the West Indies...
Page 152 - This Statement on National Policy represents the views of the members of the Research and Policy Committee of the Committee for Economic Development and of the Subcommittee responsible for drafting it. The...
Page 602 - For the purposes of this chapter the term "western hemisphere trade corporation", means a domestic corporation all of whose business is done in any country or countries in North, Central, or South America, or in the West Indies, or in Newfoundland and which satisfies the following conditions...
Page 183 - What is the Most Important Economic Problem to be Faced by the United States in the Next Twenty Years...
Page 602 - States for taxable years beginning on or after January 1 of the year in which such exchange takes place. It would be effective in India for "previous years" beginning on or after January 1 of the year in which the exchange takes place.
Page 385 - First, should the rule that tax may be deferred by use of a foreign subsidiary be continued? On this question, tax history, the fact that the organization of so much of our foreign investment is built on this rule, and the desirable accommodation to international relationships which it produces, all favor continuance of the rule.