HR. 368In Committee
Territorial Tax Parity and Fairness Act
Plain-English overview
What this bill does
Exempts bona fide Virgin Islands residents from including certain Virgin Islands sourced subpart F income in U.S. federal gross income
Key points
- Amend subpart F tax rules
- Limit gross income inclusion
- Exclude Virgin Islands residents
Current status
Where it stands
Status
In Committee
Latest action
2025-01-13 — Referred to the House Committee on Ways and Means.
Related context
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.