| Home > 107th Congressional Bills > H.R. 309 (rh) To provide for the determination of withholding tax rates under the Guam income tax. [Reported in House] ...
H.R. 309 (rh) To provide for the determination of withholding tax rates under the Guam income tax. [Reported in House] ...
H. R. 309
IN THE SENATE OF THE UNITED STATES
May 2, 2001
Received; read twice and referred to the Committee on Energy and
To provide for the determination of withholding tax rates under the
Guam income tax.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. GUAM FOREIGN INVESTMENT EQUITY ACT.
(a) Short Title.--This section may be cited as the ``Guam Foreign
Investment Equity Act''.
(b) In General.--Subsection (d) of section 31 of the Organic Act of
Guam (48 U.S.C. 1421i) is amended by adding at the end the following
``(3) In applying as the Guam Territorial income tax the income-tax
laws in force in Guam pursuant to subsection (a) of this section, the
rate of tax under sections 871, 881, 884, 1441, 1442, 1443, 1445, and
1446 of the Internal Revenue Code of 1986 on any item of income from
sources within Guam shall be the same as the rate which would apply
with respect to such item were Guam treated as part of the United
States for purposes of the treaty obligations of the United States. The
preceding sentence shall not apply to determine the rate of tax on any
item of income received from a Guam payor if, for any taxable year, the
taxes of the Guam payor were rebated under Guam law. For purposes of
this subsection, the term `Guam payor' means the person from whom the
item of income would be deemed to be received for purposes of claiming
treaty benefits were Guam treated as part of the United States.''.
(c) Effective Date.--The amendment made by subsection (b) shall
apply to amounts paid after the date of the enactment of the Act.
Passed the House of Representatives May 1, 2001.
By Martha C. Morrison,
Other Popular 107th Congressional Bills Documents:
||H.Con.Res. 93 (eh) [Engrossed in House] ...
||H.Con.Res. 39 (eh) [Engrossed in House] ...
||S. 835 (is) To establish the Detroit River International Wildlife Refuge in the State of Michigan, and for other purposes. [Introduced in Senate] ...
||H.R. 1203 (ih) To amend chapter 3 of title 28, United States Code, to divide the Ninth Judicial Circuit of the United States into two circuits, and for other purposes. [Introduced in House] ...
||H.R. 293 (ih) To elevate the position of Director of the Indian Health Service within the Department of Health and Human Services to Assistant Secretary for Indian Health, and for other purposes. [Introduced in House] ...
||H.R. 78 (ih) Proposing an amendment to the Constitution of the United States with respect to the right to life. [Introduced in House] ...
||H.R. 343 (ih) To amend the Higher Education Act of 1965 to provide for the forgiveness of Perkins loans to members of the armed services on active duty. [Introduced in House] ...
||H.Con.Res. 79 (rh) Authorizing the use of the Capitol Grounds for the Greater Washington Soap Box Derby. [Reported in House] ...
||S. 350 (rfh) To amend the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 to promote the cleanup and reuse of brownfields, to provide financial assistance for brownfields revitalization, to enhance State response programs, an...
||H.R. 256 (ih) To extend for 11 additional months the period for which chapter 12 of title 11 of the United States Code is reenacted. [Introduced in House] ...
||H.R. 1817 (ih) To establish a comprehensive program to ensure the safety of food products intended for human consumption which are regulated by the Food and Drug Administration. [Introduced in House] ...
||H.R. 586 (ih) To amend the Internal Revenue Code of 1986 to provide that the exclusion from gross income for foster care payments shall also apply to payments by qualified placement agencies, and for other purposes. [Introduced in House] ...
||H.R. 1157 (rh) To authorize the Secretary of Commerce to provide financial assistance to the States of Alaska, Washington, Oregon, California, and Idaho for salmon habitat restoration projects in coastal waters and upland drainages, and for other purposes...
||H.R. 93 (ih) To amend title 5, United States Code, to provide that the mandatory separation age for Federal firefighters be made the same as the age that applies with respect to Federal law enforcement officers. [Introduced in House] ...
||H.Con.Res. 43 (enr) [Enrolled bill] ...
||H.Con.Res. 120 (ih) Expressing the sense of the Congress that Social Security reform measures should not force State and local government employees into Social Security coverage. [Introduced in House] ...
||H.R. 1530 (ih) To ensure the timely availability of generic drugs through enhancement of drug approval and antitrust laws enforced by the Food and Drug Administration and the Federal Trade Commission regarding brand name drugs and generic drugs. [Introduc...
||H.Con.Res. 66 (enr) [Enrolled bill] ...
||H.R. 1358 (ih) To remove the sanctions imposed on India and Pakistan as a result of the detonation by those countries of nuclear explosive devices in 1998, and for other purposes. [Introduced in House] ...
||H.R. 201 (ih) To amend the Omnibus Crime Control and Safe Streets Act of 1968 to reduce funding if States do not enact legislation that requires the death penalty in certain cases. [Introduced in House] ...
||H.Con.Res. 79 (ih) Authorizing the use of the Capitol Grounds for the Greater Washington Soap Box Derby. [Introduced in House] ...
||H.R. 1602 (ih) To amend the Fair Labor Standards Act of 1938 to provide that an employee's ``regular rate'' for purposes of calculating overtime compensation will not be affected by certain additional payments. [Introduced in House] ...
||H.R. 1424 (ih) To amend the Telemarketing and Consumer Fraud and Abuse Prevention Act to direct the Federal Trade Commission to prescribe rules that prohibit certain deceptive and abusive recovery practices in connection with telemarketing. [Introduced in...
||S. 480 (is) To amend titles 10 and 18, United States Code, to protect unborn victims of violence. [Introduced in Senate] ...
||S. 94 (is) To amend the Internal Revenue Code of 1986 to provide a 5-year extension of the credit for electricity produced from wind. [Introduced in Senate] ...
||S. 98 (is) To amend the Elementary and Secondary Education Act of 1965 to promote parental involvement and parental empowerment in public education through greater competition and choice, and for other purposes. [Introduced in Senate] ...
||S. 146 (is) To amend part S of title I of the Omnibus Crime Control and Safe Streets Act of 1968 to permit the use of certain amounts for assistance to jail-based substance treatment programs, and for other purposes. [Introduced in Senate] ...
||H.R. 1730 (ih) To amend the Federal Water Pollution Control Act relating to marine sanitation devices. [Introduced in House] ...
||S.Res. 108 (is) Recognizing National Homeownership Week and the importance of homeownership to building strong communities and families in the United States. [Introduced in Senate] ...
||H.R. 602 (ih) To prohibit discrimination on the basis of genetic information with respect to health insurance. [Introduced in House] ...
107th Congressional Bills Records and Documents
|GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.