Interest Equalization Tax

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Interest equalization tax

Tax on foreign investment by residents of the US which was abolished in 1974.

A 15% tax on interest received from bonds originating outside the United States. Levied in 1963, its original intent was to stimulate dollar investment in American securities. The effect, however, was to stimulate the growth of euromarkets, that is, the growth of investment in dollars outside the jurisdiction of the United States. The interest equalization tax was removed in 1974.

interest equalization tax

A tax, no longer in effect, that was levied on income received from foreign securities owned by U.S. residents. By discouraging investment in foreign securities, the tax was intended to prevent an outflow of U.S. dollars.

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No references found			had abolished exchange controls in 1979, and we did the same in 1974 by phasing out the interest equalization tax. America needs a program to end its dual deficits by Hale, David (American economist) / Financial Executive			Interesse aggiuntivo Interesse assicurabile Interesse composto Interesse costituito Interesse esatto Interesse futuro Interesse indiviso Interesse ordinario Interesse semplice Interessi fittizi Interessi in via di maturazione interest Interest Accrual Period Interest Adjustment Interest and Dividend Tax Compliance Act Interest Bearing Interest Cost Interest Coverage Interest Coverage Ratio Interest Coverage Test Interest Dates Interest Deduction interest deductions Interest Due Interest During Construction Interest Equalization Tax Interest Expense Interest in Arrears interest in property Interest on interest Interest Only Strip Interest Payable Interest Payment Interest payments interest rate Interest Rate Adjustment Period Interest Rate Agreement Interest Rate Anchor interest rate cap Interest Rate Ceiling Interest Rate Decrease Cap Interest Rate Floor Interest Rate Future Interest Rate Futures Contract Interest Rate Increase Cap Interest Rate Index Interest Rate on Debt Interest Rate Option Interest Rate Parity Interest Rate Parity Line Interest Rate Parity Theorem			Interest Bearing Debt Interest Bearing Deposit Interest Bearing Eligible Liabilities Interest Bearing Eligible Liabilities Interest Bearing Eligible Liability Interest Bearing Gift Card Interest Buy-Down Interest Campaign interest certificate Interest Charge Domestic International Sales Corporation Interest Charge Domestic International Sales Corporations Interest Cost Interest Cost Interest Cost Interest Cost Interest Cover interest coverage Interest coverage ratio Interest coverage ratio Interest Coverage Ratios Interest coverage test Interest Date interest dates Interest deduction interest deductions Interest Due Interest during construction Interest during construction Interest during construction Interest during construction Interest Equalization Tax Interest Equalization Taxes interest expense interest expense Interest Expenses Interest Expenses Interest for money Interest Free Interest Free Interest Free Credit Interest Free Educational Loan interest group interest group interest group interest group Interest Group for Bibliographic Standards Interest Group in Pure and Applied Logics Interest Group in Pure and Applied Logics Interest Group Meetings Interest groups Interest groups Interest groups interest in Interest in Arrears interest in land Interest in Possession interest in property interest in real estate interest in real property Interest income Interest Income Fund

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