H.R. 3020 · 112th Congress

Puerto Rico Investment Promotion Act of 2011

Stage
In committee
Introduced
2011-09-22
Latest action
2011-09-22 · Introduced in House

Summary

Puerto Rico Investment Promotion Act of 2011 - Amends the Internal Revenue Code to allow a corporation incorporated under the laws of Puerto Rico and deriving at least 50% of its gross income from sources within Puerto Rico to elect to be treated as a domestic corporation for U.S. tax purposes.