There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/22/2011)

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.