To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of variable contracts issued by life insurance companies subject to the laws of Puerto Rico.
About This Bill
Committee
Latest Action · May 5, 2005
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to extend provisions for the tax treatment of variable contracts to contracts issued by life insurance companies subject to the law or regulation of Puerto Rico.
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