Puerto Rico Investment Promotion Act of 2011 - Amends the Internal Revenue Code to allow a corporation incorporated under the laws of Puerto Rico and deriving at least 50% of its gross income from sources within Puerto Rico to elect to be treated as a domestic corporation for U.S. tax purposes.
Sponsor introductory remarks on measure. (CR H6278-6279)
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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