HB368Introduced in the House
Territorial Tax Parity and Fairness Act
Introduced by Stacey Plaskett, District VI
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Referred to the House Committee on Ways and Means.
January 13, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Introduced in House
Referred to the House Committee on Ways and Means.
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