Sec. 4403. Extension of American Samoa economic development credit
81 words·~1 min read·
/bill/115/hr/1/ih/section-4403A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 119(d) of division A of the Tax Relief and Health Care Act of 2006 is amended— by striking January 1, 2017 each place it appears and inserting January 1, 2023 , by striking first 11 taxable years in paragraph
(1)and inserting first 17 taxable years , and by striking first 5 taxable years in paragraph
(2)and inserting first 11 taxable years . The amendments made by this section shall apply to taxable years beginning after December 31, 2016.