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U.S. Virgin Islands VIBIR Income Tax Initiative

Taxpayers, both individuals and businesses, that are delinquent in filing and paying corporate, individual, gross receipts, and withholding taxes can take advantage of a tax amnesty initiative announced by Director Marvin L. Pickering of the Virgin I…
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U.S. Virgin Islands Property Tax Amnesty

U.S. Virgin Islands property owners that are delinquent in payment of property taxes can take advantage of a property tax amnesty which was signed into law pursuant to Act No. 8017. The amnesty period will cover the tax years 2015 and prior and will…
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Welcome David A. Bornn!

Kellerhals Ferguson Kroblin PLLC is very pleased to announce that David A. Bornn, Esq. has become a Partner of the Firm.   He and his staff will operate a branch office of Kellerhals Ferguson Kroblin PLLC from the historic Bornn Building on Norre Ga…
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U.S. Virgin Islands Gross Receipts Tax Amnesty

Taxpayers, both individuals and businesses, that are delinquent in filing and paying applicable gross receipts taxes can take advantage of a gross receipts tax amnesty which was signed into law by Governor Kenneth E. Mapp on October 6, 2016. Pursuant…
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WE'VE MOVED!

Kellerhals Ferguson Kroblin PLLC is excited to announce that we have moved to our new office located in Suite 101 at the Royal Palms Professional Building.  The Royal Palms Professional building is the new commercial space located behind the hospit…
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FOR MANY TAXPAYERS TREASURY’S PROPOSED EASING OF THE TERRITORIAL DURATIONAL RESIDENCY RULES IS ONLY ABOUT HALF AS GENEROUS AS IT APPEARS

By William L. Blum, Esq. and Erika Kellerhals, Esq. After nearly 20 years of waiting after Congress directed the Treasury Department to promulgate residency rules for the U.S. territories in the Tax Reform Act of 1986, in 2005 the IRS finally promulg…
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Virgin Islands Stamp Tax - What to Expect at USVI Recorder of Deeds

You are about to buy or sell property in the United States Virgin Islands, what can you expect to pay in order to have the deed properly recorded?  Expenses between buyer and seller  Generally, when buying or selling property in the U. S. Virgin Is…
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ACT NO. 7651 EXPANDS EDC BENEFITS

On October 13, 2014, Governor John P. de Jongh signed Bill Number 30-0300 into law, enacting sweeping positive changes to the U.S. Virgin Islands EDC program. The revisions to the existing legislation expand the scope of eligible businesses and seek…
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Purchasing U.S. Virgin Islands Real Estate – What to do about encroachments?

You have decided to buy property in the United States Virgin Islands, you have requested title insurance, and a surveyor has conducted a survey of the property. However, the survey map indicates an encroachment. What do you do now?  What is Title In…
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NEW FILM PRODUCTION INCENTIVES OF UP TO 27{75f0df2d6e7f7161edac4c5c1d00f29fbd5b5b131330c7e7899506e898c5a87a} IN THE U.S. VIRGIN ISLANDS MOVING THROUGH LEGISLATURE

On August 13, 2014, the Committee on Economic Development, Planning & Agriculture of the Legislature of the U.S. Virgin Islands (“Committee”), chaired by the Honorable Janette Millin Young, convened to hear testimony on Bill No. 30-0417 (the…
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