American Samoa § 11.1811 - Franchise tax on Qualified American Samoa Foreign Sales Corporations.
Full text of American Samoa American Samoa Code Annotated § 11.1811 — Franchise tax on Qualified American Samoa Foreign Sales Corporations., with citation guidance and answers to common questions.
§ 11.1811. Franchise tax on Qualified American Samoa Foreign Sales Corporations.
(a) Effective 1 October, 1984, a franchise tax is imposed on each Qualified American Samoa Foreign Sales Corporation incorporated under the laws of American Samoa at any time during the taxable year. The franchise tax shall be referred to as the FSC Franchise Tax. (b) The amount of the FSC Franchise Tax shall be $2,500 per annum; provided, however, that in the case of a Qualified American Samoa Foreign Sales Corporation that qualifies as a Small FSC the tax shall be $500 per annum. (c) The FSC Franchise Tax for the first taxable year is payable on the date of incorporation of the Qualifying American Samoa Foreign Sales Corporation and for each taxable year thereafter is payable on the first day of the month in which the anniversary of incorporation occurs.
Source: official American Samoa text · Last verified 2026-08-27
Frequently Asked Questions About American Samoa § 11.1811
What does American Samoa Code Annotated § 11.1811 cover?
Section 11.1811 ("Franchise tax on Qualified American Samoa Foreign Sales Corporations.") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite American Samoa § 11.1811?
A common citation format is "American Samoa Code Annotated § 11.1811" (American Samoa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 11.1811 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in American Samoa.