Private Investment in Latin America: Hearings Before the Subcommittee on Inter-American Economic Relationships of the United States, Eighty-eighth Congress, Second Sesion. January 14, 15, and 16, 1964, Volume 7 |
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Common terms and phrases
ADELA agency agreement Alliance for Progress amount application arbitration Argentina arrangements Article assistance Brazil Canada Chile Colombia Committee Common Market companies compensation Contract Period corporation coverage currency devaluation direct investment earnings economic integration effect equity European exports expropriation Expropriatory Action financing Foreign Enterprise foreign investment funds guarantee program Guaranty Period hereof hereunder HICKENLOOPER home loan bank IADB important incentives increase industries Inter-American Development Bank International investment guarantee investment in Latin Investor LAFTA Latin America Latin American countries less developed Local Currency loss manufacturing ment million operation paragraph percent Peru political President private capital private enterprise private sector problems Project Country Punta del Este regional Representative CURTIS Representative GRIFFITHS RUBLEE Senator JAVITS Senator SPARKMAN tariffs tax sparing term tion transfer treaty U.S. dollars U.S. Government U.S. investment U.S. taxes United United States dollars Venezuela Yes Yes
Popular passages
Page 39 - The corporation, including its franchise. Its capital, reserves and surplus, and Its Income, shall be exempt from all taxation now or hereafter imposed by the United States. by any territory, dependency, or possession thereof, or by any state, county, municipality, or local taxing authority: except that any real property of the corporation shall be subject to state, territorial, county, municipal or local taxation to the same extent according to its value as other real property is taxed.
Page 46 - An officer or member of an organization participating or knowingly acquiescing in any violation of this subsection shall be punished by a fine of not more than $5,000 or imprisonment for not more than one year, or both.
Page 38 - States, and such guaranty shall be expressed on the face thereof ; and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 113 - January 1, 1962 — (A) has nationalized or expropriated or seized ownership or control of property owned by any United States citizen or by any corporation, partnership or association not less than 50 per centum beneficially owned by United States citizens...
Page 194 - ... programs carried out under this Act (including the use of private trade channels to the maximum extent practicable in carrying out such programs), and exchange of ideas and technical information on the matters covered by this subsection.
Page 406 - Committee's approval, will be published. On the basis of these factual studies and of discussions at its meetings, the Committee also issues policy statements signed by its members.
Page 113 - Commission is received) to take appropriate steps, which may include arbitration, to discharge its obligations under international law toward such citizen or entity, including speedy compensation for such property in convertible foreign exchange, equivalent to the full value thereof...
Page 113 - (2) has imposed or enforced discriminatory taxes or other exactions, or restrictive maintenance or operational conditions, which have the effect of nationalizing, expropriating, or otherwise seizing ownership or control of property so owned...
Page 119 - States within such period as provided herein, not more than twenty days after the report of the Commission is received) to take appropriate steps, which may include arbitration, to discharge its obligations under international law toward such citizen or entity, including speedy compensation for such property in convertible foreign exchange...
Page 143 - Bank family both the International Bank for Reconstruction and Development (IBRD) and the International Finance Corporation (IFC...