To amend the Internal Revenue Code of 1986 to expand, and extend for 10 years, the American Samoa economic development credit.
Last action on Apr 18, 2007Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to allow, between January 1, 2008, and December 31, 2017, a tax credit to certain domestic corporations engaged in business activities and asset sales within American Samoa.
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