Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 411
116th Congress(2019-2020)
Territorial Tax Parity Act of 2019
Introduced
Introduced
Introduced in House on Jan 9, 2019
Overview
Text
Introduced in House 
Jan 9, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Jan 9, 2019)
Jan 9, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 411 (Introduced-in-House)


116th CONGRESS
1st Session
H. R. 411


To amend the Internal Revenue Code of 1986 to modify the source rules to provide for economic recovery in the possessions of the United States.

IN THE HOUSE OF REPRESENTATIVES

January 9, 2019

Ms. Plaskett introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to modify the source rules to provide for economic recovery in the possessions of the United States.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Territorial Tax Parity Act of 2019”.

SEC. 2. Modification to source rules involving possessions.

(a) In general.—Section 937(b)(2) of the Internal Revenue Code of 1986 is amended by inserting “, but only to the extent such income is attributable to an office or fixed place of business within the United States (determined under the rules of Section 864(c)(5))” before the period at the end.

(b) Source rules for personal property sales.—Section 865(j)(3) of such Code is amended by inserting “, 932,” after “931”.

(c) Effective date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2018.