S.1506 - A bill to prevent the Secretary of the Treasury from expanding United States bank reporting requirements with respect to interest on deposits paid to nonresident aliens.

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  • Official: A bill to prevent the Secretary of the Treasury from expanding United States bank reporting requirements with respect to interest on deposits paid to nonresident aliens. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
08/01/11
 
 
 
 
 
 
 

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Senator

Marco Rubio

R-FL

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Official Summary

8/2/2011--Introduced.Prohibits the Secretary of the Treasury from requiring a payor of interest to file an information return on interest that is not effectively connected with a trade or business within the United States and that is paid to a nonresident alien on a deposit maintained at a
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Official Summary

8/2/2011--Introduced.Prohibits the Secretary of the Treasury from requiring a payor of interest to file an information return on interest that is not effectively connected with a trade or business within the United States and that is paid to a nonresident alien on a deposit maintained at an office within the United States.

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