Possessions Tax Credit : Its Phaseout Under the 1996 Small Business Job Protection Act.

Reviews the possessions tax credit, changes under the Omnibus Budget Reconciliation Act of 1993, proposals to phase it out in the Small Business Job Protection Act of 1996, and likely economic effects. The possessions tax credit provides benefits for firms operating in Puerto Rico and other U.S. pos...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1996.
Series:	U.S. Congressional Research.
Subjects:	United States. > Laws, etc. (Statutes of the United States) Tax incentives. United States > Territories and possessions. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Reviews the possessions tax credit, changes under the Omnibus Budget Reconciliation Act of 1993, proposals to phase it out in the Small Business Job Protection Act of 1996, and likely economic effects. The possessions tax credit provides benefits for firms operating in Puerto Rico and other U.S. possessions in an attempt to attract employment-creating investment to those areas.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.