Amends the Internal Revenue Code to exclude certain bona fide residents of the U.S. Virgin Islands from a specific definition used in Subpart F rules when dividends they receive are treated as Virgin Islands source income under the U.S. tax rules for territories. The change is a targeted, technical tax-code clarification affecting how dividends and ownership are measured for foreign corporations and matching individual tax years, and it takes effect for taxable years beginning after December 31, 2024 (with corresponding individual years).