S. 2047In Committee
No Capital Gains Allowance for American Adversaries Act
Disallows capital gains tax benefits tied to American adversaries, targeting tax treatment of investment gains
Plain-English overview
What this bill does
Disallows capital gains tax benefits tied to American adversaries, targeting tax treatment of investment gains
Key points
- Prohibit capital gains allowances
Current status
Where it stands
Status
In Committee
Latest action
2025-06-12 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation