Limitation on reduction in income tax liability incurred to the Virgin Islands

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Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter N—Tax Based on Income From Sources Within or Without the United States > PART III—INCOME FROM SOURCES WITHOUT THE UNITED STATES > Subpart D—Possessions of the United States

This text was captured on Sep 16, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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Tax liability incurred to the Virgin Islands pursuant to this subtitle, as made applicable in the Virgin Islands by the Act entitled “An Act making appropriations for the naval service for the fiscal year ending June 30, 1922 , and for other purposes”, approved July 12, 1921 ( 48 U.S.C. 1397 ), or pursuant to section 28(a) of the Revised Organic Act of the Virgin Islands, approved July 22, 1954 ( 48 U.S.C. 1642 ), shall not be reduced or remitted in any way, directly or indirectly, whether by grant, subsidy, or other similar payment, by any law enacted in the Virgin Islands, except to the extent provided in subsection (b).

(Added Pub. L. 86–779, § 4(a)(1) , Sept. 14, 1960 , 74 Stat. 998 ; amended Pub. L. 94–455, title XIX , §§ 1901(a)(118), 1906(b)(13)(A), Oct. 4, 1976 , 90 Stat. 1784 , 1834; Pub. L. 97–248, title II, § 213(b) , Sept. 3, 1982 , 96 Stat. 463 ; Pub. L. 97–455, § 1(c) , Jan. 12, 1983 , 96 Stat. 2498 ; Pub. L. 98–369, div. A, title VIII, § 801(d)(7) , July 18, 1984 , 98 Stat. 996 ; Pub. L. 99–514, title XII, § 1275(a)(2)(A) , (c)(1), (2), title XVIII, § 1876(f)(2), Oct. 22, 1986 , 100 Stat. 2598 , 2900; Pub. L. 108–357, title VIII, § 908(c)(3) , Oct. 22, 2004 , 118 Stat. 1656 .)

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