H.R.411: Territorial Tax Parity Act of 2019

About This Bill

Bill Version

Bill Summary

Territorial Tax Parity Act of 2019 This bill modifies the income source rules that apply with respect to the taxation of income from U.S. possessions (Guam, American Samoa, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands). Under current law, income is not possession source income if it is treated as (1) income from sources within the United States, or (2) as effectively connected with the conduct of a trade or business...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 9, 2019
Referred to the House Committee on Ways and Means.
Jan. 9, 2019

Introduced in the House by Stacey Plaskett (D-Virgin Islands)

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