H.R. 1427 · 117th Congress

To amend the Internal Revenue Code of 1986 to provide that certain bona fide residents of the Virgin Islands who are shareholders of corporations organized under the laws of the Virgin Islands are not treated as United States persons for purposes of determining certain inclusions in gross income with respect to such corporations.

Stage
In committee
Introduced
2021-02-26
Latest action
2021-02-26 · Introduced in House

Subjects

Income tax rates
Tax administration and collection, taxpayers
Taxation
U.S. territories and protectorates
Virgin Islands