States / U.S. Congress / HR 368

HR 368 In Committee

Territorial Tax Parity and Fairness Act

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Introduced in House Jan 13, 2025 · 435 words Open full page ↗

I

119TH CONGRESS

1ST SESSION

H. R. 368

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

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