
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 48USC1843]

 
              TITLE 48--TERRITORIES AND INSULAR POSSESSIONS
 
                  CHAPTER 17--NORTHERN MARIANA ISLANDS
 
                      SUBCHAPTER III--MISCELLANEOUS
 
Sec. 1843. Exemption from taxation for income derived from 
        sources within Commonwealth
        

(a) Taxable years beginning after December 31, 1978, but not after 
        January 1, 1985

    Except as provided in subsection (c) of this section, any person, 
including an individual, trust, estate, partnership, association, 
company, or corporation, which is a resident of or which is organized 
under the laws of the Commonwealth of the Northern Mariana Islands and 
which is subject to the provisions of section 601 of the Covenant to 
Establish the Commonwealth of the Northern Mariana Islands in Political 
Union with the United States (Public Law 94-241), shall be exempted from 
the requirements of such section with respect to income derived from 
sources within the Commonwealth of the Northern Mariana Islands for 
taxable years beginning after December 31, 1978, until, but not after, 
January 1, 1985. Nothing in this section shall be construed as relieving 
such person from the obligation to comply with the requirements of 
section 601 with respect to income derived from sources outside of the 
Commonwealth of the Northern Mariana Islands.

(b) Taxable years beginning after December 31, 1980, and before January 
        1, 1982

    Except as provided in subsection (c) of this section, any person, 
including an individual, trust, estate, partnership, association, 
company, or corporation, which is a resident of or which is organized 
under the laws of the Commonwealth of the Northern Mariana Islands and 
which is subject to the provisions of section 601 of the Covenant to 
Establish the Commonwealth of the Northern Mariana Islands (Public Law 
94-241), shall be exempt from the requirements of such section with 
respect to income from sources within the Northern Mariana Islands for 
its taxable year beginning after December 31, 1980, and before January 
1, 1982: Provided, That the Secretary receives written notice from the 
Governor of the Northern Mariana Islands not later than September 30, 
1980, that sections 1, 2, 3, 4, and 5 of chapter 2 of Public Law 1-30 of 
the Commonwealth of the Northern Mariana Islands or its successor, have 
been repealed in their entirety, effective December 31, 1981.

(c) Tax rebates

    As provided in section 602 \1\ of Public Law 94-241 (90 Stat. 263, 
270) the term ``rebate of any taxes'' shall, effective January 1, 1985, 
apply only to the extent taxes have actually been paid pursuant to 
section 601 \1\ of said Act, shall not exceed the amount of tax actually 
paid for any tax year, and may only be paid following the close of the 
tax year involved. Notwithstanding any other provision of law, effective 
January 1, 1985, the Commonwealth of the Northern Mariana Islands shall 
maintain, as a matter of public record, the name and address of each 
person receiving such a rebate, together with the amount of the rebate, 
and the year for which such rebate was made.
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    \1\ See References in Text note below.
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(Pub. L. 96-205, title II, Sec. 205, Mar. 12, 1980, 94 Stat. 87; Pub. L. 
96-597, title III, Sec. 303(a), Dec. 24, 1980, 94 Stat. 3478; Pub. L. 
98-213, Sec. 3(a), (b), Dec. 8, 1983, 97 Stat. 1459.)

                       References in Text

    The Covenant, referred to in subsecs. (a) and (b), is the Covenant 
to Establish a Commonwealth of the Northern Mariana Islands in Political 
Union with the United States of America, which is contained in section 1 
of Pub. L. 94-241, set out as a note under section 1801 of this title.
    Public Law 94-241, referred to in subsecs. (a) and (b), is Pub. L. 
94-241, Mar. 24, 1976, 90 Stat. 263, as amended, which is classified 
generally to subchapter I (Sec. 1801 et seq.) of this chapter. For 
complete classification of this Act to the Code, see Tables.
    Sections 601 and 602 of Public Law 94-241, referred to in subsec. 
(c), probably mean sections 601 and 602 of the Covenant, because Pub. L. 
94-241 does not contain a section 601 or 602.

                          Codification

    Section was formerly set out as a note under section 1681 of this 
title.


                               Amendments

    1983--Subsec. (a). Pub. L. 98-213, Sec. 3(a), substituted ``1985'' 
for ``1983''.
    Subsec. (c). Pub. L. 98-213, Sec. 3(b), amended subsec. (c) 
generally. Prior to amendment, subsec. (c) read as follows: ``It is the 
sense of Congress that the term `rebate' as used in section 602 of 
Public Law 94-241 does not permit the abatement of taxes.''
    1980--Subsec. (a). Pub. L. 96-597 substituted ``until, but not 
after, January 1, 1983.'' for ``and before January 1, 1981.''.


 Suspension of Prohibition of Abatement of Taxation in Commonwealth of 
                        Northern Mariana Islands

    Pub. L. 96-597, title III, Sec. 303(b), Dec. 24, 1980, 94 Stat. 
3478, provided that provisions of subsec. (c) of this section were 
suspended and were of no force or effect until Jan. 1, 1983.
