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  • Gross Receipts Tax Amnesty until January 3, 2017

    Corporations, Virgin Islands |

    VIBIR IMPLEMENTS THE GROSS RECEIPTS TAX AMNESTY

    MARVIN L. PICKERING, DIRECTOR OF THE VIRGIN ISLANDS BUREAU OF INTERNAL REVENUE, ANNOUNCES THAT THE
    GROSS RECIEPTS TAX AMNESTY, SIGNED INTO LAW BY GOVERNOR KENNETH E. MAPP, ON OCTOBER 6, 2016 (ACT
    NO. 7930) IS IN EFFECT AND WILL END ON TUESDAY, JANUARY 3, 2017.
    DIRECTOR PICKERING STRONGLY URGES TAXPAYERS WHO HAVE OUTSTANDING GROSS RECEIPTS TAX OBLIGATIONS
    TO FILE AND PAY THE GROSS RECEIPTS TAXES BEFORE THE DEADLINE. HE STATED THAT THE LAST GROSS
    RECEIPTS TAX RETURNS THAT WILL QUALIFY FOR THE AMNESTY PROGRAM IS THE AUGUST 2016 MONTHLY GROSS
    RECEIPTS TAX RETURN AND THE ANNUAL 2015 GROSS RECEIPTS TAX RETURN.
    PAYMENTS FOR THE GROSS RECEIPT TAX UNDER THE AMNESTY PROGRAM SHOULD BE MADE BY CASH, CREDIT
    CARD (VISA OR MASTERCARD), BANK CHECKS AND MONEY ORDERS. DIRECTOR PICKERING EXPLAINED THAT DUE TO
    A CONCERN ABOUT DISHONORED CHECKS, WE ARE TAKING THIS PRECAUTION TO ENSURE THAT ALL
    PAYMENTS ACCEPTED UNDER THE AMNESTY PROGRAM WILL BE HONORED BY THE BANK.

    DIRECTOR PICKERING FURTHER CAUTIONED TAXPAYERS THAT THE

    AMNESTY DOES NOT AFFECT THE BUREAU’S COLLECTION EFFORTS. “THE BUREAU WILL CONTINUE TO CONTACT
    DELINQUENT TAXPAYERS AND ATTEMPT TO OBTAIN PAYMENTS THROUGH THE STATUTORY COLLECTION METHODS,” HE
    ADDED.
    FOR MORE INFORMATION, PLEASE CALL THE DELINQUENT ACCOUNTS AND RETURNS BRANCH ON ST. CROIX AT
    773-1040, EXTENSION 4254, OR 715-1040,
    EXTENSIONS 2232 ON ST. THOMAS.

  • Your Resident Agent-Virgin Islands

    Corporations, Small Claims and Debt Collection |

    Your Registered Agent Matters to Your Success

                In the United States Virgin Islands, every corporation must have a “registered agent.”  A registered agent is a person designated to receive legal documents on behalf of the company and must be located in the Virgin Islands.  Many companies choose Virgin Islands law firms to serve as their registered agents.  The registered agent is the first to receive and review court documents if the company is involved in a lawsuit in the Virgin Islands.  This serves two important purposes for the company.  First, it reduces the danger of a default judgment if court documents are not responded to in a timely manner.  Second, it eliminates the potential embarrassment or harm to reputation caused by having court documents served at your place of business.  The law also serves to protect consumers or other business partners by ensuring a company cannot “hide” from lawsuits by providing a false address or business location.  Choosing a resident agent that is well established in the Virgin Islands community can give a business owner peace of mind that legal issues involving the company are addressed quickly and appropriately.    Our law firm can provide you with a resident agent. Please contact us for further information.

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