BS
Boise Standard
Treasure Valley · AI Directory
48 U.S.C. · Territories and Insular Possessions
48 U.S.C. § 1397

Income tax laws of United States in force; payment of proceeds; levy of surtax on all taxpayers

Ch. 7 — VIRGIN ISLANDS
Title 48 U.S.C. ● ACTIVE Primary Source Ch. 7
Statutory Text

48 U.S.C. § 1397 — Income tax laws of United States in force; payment of proceeds; levy of surtax on all taxpayers

U.S.C. Title 48 - TERRITORIES AND INSULAR POSSESSIONS 48 U.S.C. United States Code, 2023 Edition Title 48 - TERRITORIES AND INSULAR POSSESSIONS CHAPTER 7 - VIRGIN ISLANDS SUBCHAPTER I - GENERAL PROVISIONS Sec. 1397 - Income tax laws of United States in force; payment of proceeds; levy of surtax on all taxpayers From the U.S. Government Publishing Office, www.gpo.gov

§1397. Income tax laws of United States in force; payment of proceeds; levy of surtax on all taxpayers

The income-tax laws in force in the United States of America and those which may hereafter be enacted shall be held to be likewise in force in the Virgin Islands of the United States, except that the proceeds of such taxes shall be paid into the treasuries of said islands: Provided further, That, notwithstanding any other provision of law, the Legislature of the Virgin Islands is authorized to levy a surtax on all taxpayers in an amount not to exceed 10 per centum of their annual income tax obligation to the government of the Virgin Islands.

(July 12, 1921, ch. 44, §1, 42 Stat. 123; Pub. L. 94–392, §5, Aug. 19, 1976, 90 Stat. 1195.)

Editorial Notes

References in Text The income-tax laws in force in the United States of America, referred to in text, are classified to Title 26, Internal Revenue Code.

Codification Section is from act July 12, 1921, popularly known as the Naval Service Appropriation Act, 1922.

Amendments 1976—Pub. L. 94–392 inserted proviso authorizing Legislature of Virgin Islands to levy a surtax, not to exceed 10 per centum, on annual income tax obligation of all taxpayers.

Statutory Notes and Related Subsidiaries Application of Western Hemisphere Trade Corporation Provision Under the Virgin Islands Tax Laws Pub. L. 92–178, title III, §307, Dec. 10, 1971, 85 Stat. 524, provided that for purposes of applying the income tax laws of the United States with respect to the Virgin Islands under this section, subpart C of part III of subchapter N of chapter 1 of the Internal Revenue Code of 1954 [former 26 U.S.C. 921, 922] (relating to Western Hemisphere Trade Corporations) shall be treated as having been repealed effective with respect to taxable years beginning after Dec. 10, 1971.

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC48-SEC-455158
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
48 U.S.C. § 1397
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
e5466a28c2c56052...
Semantic Edges
Pending — corpus passes queued
The statutory text of 48 U.S.C. § 1397 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
Navigate Corpus — Title 48
← 48 U.S.C. § 1396 48 U.S.C. § 1398 →
Ch. 7 — VIRGIN ISLANDS
48 U.S.C. § 139148 U.S.C. § 139248 U.S.C. § 1392a48 U.S.C. § 1392b48 U.S.C. § 139348 U.S.C. § 139448 U.S.C. § 139548 U.S.C. § 139648 U.S.C. § 139748 U.S.C. § 139848 U.S.C. § 139948 U.S.C. § 140048 U.S.C. § 140148 U.S.C. § 1401f48 U.S.C. § 140248 U.S.C. § 140348 U.S.C. § 1403a48 U.S.C. § 1403b48 U.S.C. § 140548 U.S.C. § 1405a48 U.S.C. § 1405c48 U.S.C. § 1405d48 U.S.C. § 1405h48 U.S.C. § 1405j48 U.S.C. § 1405q48 U.S.C. § 1405r48 U.S.C. § 1405s48 U.S.C. § 1405u48 U.S.C. § 1405w148 U.S.C. § 1405x
48 U.S.C. — public domain ← All Legislation
◈ Provenance
boisestandard.org → United States → Law → U.S. Code → Title 48 → 48 U.S.C. § 1397