United States Code
USC most recently checked for updates: Jun 09, 2025
The legislature of the government of American Samoa may cause to be issued after
The interest on any bond or other obligation issued by or on behalf of the Government of American Samoa shall be exempt from taxation by the Government of American Samoa and the governments of any of the several States, the District of Columbia, any territory or possession of the United States, and any subdivision thereof.
The exemption provided by paragraph (1) shall not apply to gift, estate, inheritance, legacy, succession, or other wealth transfer taxes.
For exclusion of interest for purposes of Federal income taxation, see section 103 of title 26.