U.S. Possessions Tax Credit : Proposals in 1993.

Describes the possessions tax credit, which provides U.S. corporations a tax exemption for business income earned in Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, and the Northern Marianas. Examines impact of the possessions tax credit on economic welfare of Puerto Rico. Discusses legi...

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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], 1993.
Series:	U.S. Congressional Research.
Subjects:	Corporations. Tax incentives. Guam. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Describes the possessions tax credit, which provides U.S. corporations a tax exemption for business income earned in Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, and the Northern Marianas. Examines impact of the possessions tax credit on economic welfare of Puerto Rico. Discusses legislative changes in the Federal tax exemption and proposed legislation in the 103rd Congress to restrict and revise the possessions tax credit.
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.