# 26 U.S.C. § 934: Limitation on reduction in income tax liability incurred to the Virgin Islands

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t26_s934

## Section

- **Citation:** 26 U.S.C. § 934
- **Heading:** Limitation on reduction in income tax liability incurred to the Virgin Islands
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 16, 2026
- **Source:** Publisher's official text
- **Location:** 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

## Text

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 .)

## Nearby sections

- [26 U.S.C. § 901 Taxes of foreign countries and of possessions of United States](https://www.frixlaw.com/law-library/statutes/usc_t26_s901.md)
- [26 U.S.C. § 902 Repealed. Pub. L. 115–97, title I, § 14301(a) , Dec. 22, 2017 , 131 Stat. 2221 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s902.md)
- [26 U.S.C. § 903 Credit for taxes in lieu of income, etc., taxes](https://www.frixlaw.com/law-library/statutes/usc_t26_s903.md)
- [26 U.S.C. § 904 Limitation on credit](https://www.frixlaw.com/law-library/statutes/usc_t26_s904.md)
- [26 U.S.C. § 905 Applicable rules](https://www.frixlaw.com/law-library/statutes/usc_t26_s905.md)
- [26 U.S.C. § 906 Nonresident alien individuals and foreign corporations](https://www.frixlaw.com/law-library/statutes/usc_t26_s906.md)
- [26 U.S.C. § 907 Special rules in case of foreign oil and gas income](https://www.frixlaw.com/law-library/statutes/usc_t26_s907.md)
- [26 U.S.C. § 908 Reduction of credit for participation in or cooperation with an international boycott](https://www.frixlaw.com/law-library/statutes/usc_t26_s908.md)
- [26 U.S.C. § 909 Suspension of taxes and credits until related income taken into account](https://www.frixlaw.com/law-library/statutes/usc_t26_s909.md)
- [26 U.S.C. § 911 Citizens or residents of the United States living abroad](https://www.frixlaw.com/law-library/statutes/usc_t26_s911.md)
- [26 U.S.C. § 912 Exemption for certain allowances](https://www.frixlaw.com/law-library/statutes/usc_t26_s912.md)
- [26 U.S.C. § 913 Repealed. Pub. L. 97–34, title I, § 112(a) , Aug. 13, 1981 , 95 Stat. 194 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s913.md)
- [26 U.S.C. § 921 to 927 Repealed. Pub. L. 106–519, § 2 , Nov. 15, 2000 , 114 Stat. 2423 ]](https://www.frixlaw.com/law-library/statutes/usc_t26_s921...927.md)
- [26 U.S.C. § 931 Income from sources within Guam, American Samoa, or the Northern Mariana Islands](https://www.frixlaw.com/law-library/statutes/usc_t26_s931.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t26_s934. Check the current official text before relying on it. Not legal advice.