FOREIGN ACTIVITIES OF U.S. TAXPAYERS 1035 Tax Lawyer, Vol. 54, No. 4 FOREIGN ACTIVITIES OF U.S. TAXPAYERS SUBMITTED BY THE COMMITTEE ON FOREIGN ACTIVITIES OF U.S. TAXPAYERS: JO RENEE HUNTER WILSON, COMMITTEE CHAIR; PETER H. BLESSING AND ANGELINA FISHER, SUBCOMMITTEE ON IMPORTANT DEVELOPMENTS* Legislation FSC Replacement The Extraterritorial Income Exclusion Act of 2000, Pub. L. No.106-519, 114 Stat. 2423, was enacted and signed into law on November 15, 2000, as a replaccemen for the U.S. Foreign...