,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #cfh  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ac1 #bjbe,ms4
 ,plaskett introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,ways &     
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to provide t c]ta9
 bona fide resid5ts ( ! ,virg9 ,isl&s :o
 are %>ehold]s ( corporations organiz$  
"u ! laws ( ! ,virg9 ,isl&s are n treat$
 z ,unit$ ,/ates p]sons = purposes (    
det]m9+ c]ta9 inclusions 9 gross income 
) respect to su* corporations4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,t]ritorial ,tax ,p>ity & ,fairness     
,act4  #b4 ,c]ta9 bona fide resid5ts (  
,virg9 ,isl&s  7a7 ,9 g5]al ,section    
#ieg7;c7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by /rik+ & at ! end (    
p>agraph 7#a71 by r$esignat+ p>agraph   
7#b7 z p>agraph 7#c71 & by ins]t+ aft]  
p>agraph 7#a7 ! foll[+ new p>agraph3    
7#b7 ) respect to a corporation organiz$
 "u ! laws ( ! ,virg9 ,isl&s1 su* t]m   
does n include an individual :o is a    

bona fide resid5t ( ! ,virg9 ,isl&s1 if 
a divid5d receiv$ by su* individual dur+
 ! taxable ye> f su* corporation w\ld1 =
 purposes ( section #icd7;b77#a71 be    
treat$ z income d]iv$ f s\rces )9 !     
,virg9 ,isl&s1 &  4  7b7 ,con=m+ am5dm5t
 ,section #ieg7;c7 ( su* ,code is am5d$ 
by /rik+ p>agraph 7#b7 9 ! la/ s5t5ce & 
ins]t+ p>agraph 7#c74  7c7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s ( =eign      
corporations beg9n+ aft] ,decemb] #ca1  
#bjbd1 & taxable ye>s ( individuals )9  
:i* or ) :i* su* taxable ye>s ( =eign   
corporations end4