House Lawmakers Offer Bill to End Tax Break for China Stocks

Indiana Republican Victoria Spartz and California Democrat Brad Sherman introduce legislation aimed at China, including a measure that would eliminate the capital gains tax break for investments in companies based in China, Russia, Belarus, Iran, and North Korea.

• Lawmakers also seek to keep Chinese stocks out of index mutual funds and require publicly traded companies that file reports with the SEC to disclose the degree to which the company is dependent upon China
• Bill summaries here

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