11.0510 Paragraph (e) added to Section 881.

Cite as [A.S.C.A. 11.0510]

Section 881 relating to the tax on income of foreign corporations not connected with American Samoa business is amended by adding after paragraph(d), the following new paragraph:

"(e) Motion picture rentals. In the case of revenues derived by foreign corporations from the rental of motion pictures to businesses in American Samoa, the tax imposed under paragraph (a) of this section shall be 15% of the amount of the revenues received."

History: 1979, PL 16-23 § 1.