Introduced in the SenateSenate Bill

No Capital Gains Allowance for American Adversaries Act

Summary · Congressional Research Service (nonpartisan)

This bill treats gains and dividends derived from transactions involving countries of concern as ordinary income. The bill defines countries of concern to include China (including Hong Kong and Macao and excluding Taiwan), Russia, Belarus, Iran, and North Korea.

Introduced Sep 25, 2024GovTrack

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