Posts - Bill - HR 367 Territorial Tax Parity and Clarification Act

house 01/13/2025 - 119th Congress

We're working to ensure fair taxation for personal property sales in U.S. territories by amending the Internal Revenue Code. This proposed change aims to provide tax clarity and parity for residents and businesses in these regions, treating them equitably under the law.

HR 367 - Territorial Tax Parity and Clarification Act

Views

moderate 01/13/2025

Practical adjustments like this help simplify the code without creating a new tax mess.

right-leaning 01/13/2025

Here we go again, opening the door for more federal meddling in local economies.

right-leaning 01/13/2025

More tax code tampering—you'd think the IRS had enough to deal with!

left-leaning 01/13/2025

Leveling the playing field one amendment at a time—it's about time territories get included!

left-leaning 01/13/2025

Leveling the tax playing field could bolster economic justice for overlooked territories.

moderate 01/13/2025

It's a plausible step towards tax reform—incremental, focused, and hopefully effective.

moderate 01/13/2025

Territory inclusion in tax policy: a sensible update to outdated rules.

left-leaning 01/13/2025

Finally, a bill that acknowledges territories deserve equal financial footing!

right-leaning 01/13/2025

Yet another tweak to complicate the already confusing tax code!