...citizen or domestic corporation 1 (computed without the benefit of this section), for the three-year period immediately preceding the close of the taxable...may be applicable) was derived from sources within a possession of the United States; and (2) If, in the case of such corpocation,1 50 per centum or more...

...USC 1642). (b) Exception for certain domestic and Virgin Islands corporations — (1) General r«le. Section 934(b) provides an exception to the application...thereof) was derived from the active conduct of a trade or business within the Virgin Islands. (3) Computation rule. Except as provided in subparagraph...

...USC 1642). (b) Exception for certain domestic and Virgin Islands corporations — (1) General rule. Section 934(b) provides an exception to the application...derived from sources within the Virgin Islands; and 26 CFRCh. 1(4-1-01 Edition) (ii) Fifty percent or more of the gross income of such corporation for...

...corporations — (1) General rule. Section 934(b) provides an exception to the application of section 93-Ka'i. Under this exception, section 934(a) does not apply...derived from sources within the Virgin Islands; and (11) Fifty percent or more of the gross income of such corporation for such period (or such part thereof)...

...taxable year (or for rach part of such year as may be applicable) to the extent that such tax 11ibility is attributable to income derived from sources without...thereof) was derived from the active conduct of a trade or business within the Virgin Islands. (3) Computation rule. Except as provided in subparagraph...

...exception. A domestic or Virgrin Islands corporation satisfies the conditions of section 934(b) (1) and (2) if— (i) Eighty percent or more of the gross...thereof) was derived from the active conduct of a trade or business within the Virgin Islands. (3) Computation rule. Except as provided in subparagraph...

...the laws of the Commonwealth of Puerto Rico or a possession of the United States if— (1) 80 percent or more of the gross income of such corporation for...be applicable) was derived from sources within the Common§ 1.957-1 wealth of Puerto Rico or a possession of the United States: and (2) SO percent or...

...the taxable year (or for such part of such period Immediately preceding the close of ¿ii¿ 5¿. able year as may be applicable) was derived from sources...thereof) was derived from the active conduct of a trade or business within the VIrgin Islands. (3) ComputatIon rule. Except as pro vided in subparagraph...

...gross income of such citizen or domestic corporation (computed without the benefit of section 931) for the 3-year period immediately preceding the close...may be applicable) was derived from sources within a possession of the United States, and (ii) If 50 percent or more of the gross income of such citizen...

...such citizen 01 domestic corporation (computed without the benefit of this section) for the 3 -year period Immediately preceding the close of the taxable...may be applicable) was derived from sources within a possession of the United States; and (2) Trade or business. If — (A) In the case of such corporation,...