HR 858 · 119th Congress

REVIVE VI Act

This bill creates a special tax break for certain people and businesses that own companies in the U.S. Virgin Islands. Here's what it does: normally, the U.S. taxes Americans on their worldwide income, including profits from foreign companies they own. This bill says that if you're an individual, a trust, an estate,…

Sponsor

Estes, Ron (R-Kansas)

Introduced

2025-01-31

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.