interest equalization tax

interest equalization tax
A tax on the acquisition of foreign securities, being an economic device imposed to increase the cost to foreigners of borrowing United States capital, for the purpose of cutting down the flow of United States capital abroad, thereby improving the position of the United States respecting the balance of international payments. IRC § 4911(a).

Ballentine's law dictionary. . 1998.

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  • Interest Equalization Tax — L interest equalization tax, c est à dire « impôt d égalisation des intérêts », est un impôt introduit aux États Unis en juillet 1963. Il consistait en une retenue à la source de 15% sur les intérêts perçus sur les emprunts obligataires …   Wikipédia en Français

  • Interest Equalization Tax — was a domestic tax measure implemented by U.S. President John F. Kennedy in July 1963. It made it unprofitable for foreign countries to reduce the outflow of U.S. capital. It was seen by some as retaliation against Canadian attempts to repatriate …   Wikipedia

  • Interest equalization tax — L interest equalization tax, c est à dire « impôt d égalisation des intérêts », est un impôt introduit aux États Unis en juillet 1963. Il consistait en une retenue à la source de 15% sur les intérêts perçus sur les emprunts obligataires …   Wikipédia en Français

  • Interest Equalization Tax — A federal levy on the purchase price on foreign stocks and bonds bought by Americans. The interest equalization tax (IET) was established in 1963 and eliminated in 1974. It was designed to decrease the U.S. balance of payments deficit by… …   Investment dictionary

  • Interest equalization tax — Tax on foreign investment by residents of the U.S. which was abolished in 1974. The New York Times Financial Glossary …   Financial and business terms

  • interest equalization tax — Tax on foreign investment by residents of the U.S. which was abolished in 1974. Bloomberg Financial Dictionary …   Financial and business terms

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  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

  • Tax — Taxation An aspect of fiscal policy …   Wikipedia

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