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The US Virgin Islands is the best place to do business with great tax incentives offering up to 90% exception on local income taxes and more. EDC Tax Incentives. 90 % Reduction in Corporate Tax. 90 % Reduction in Personal Income Tax. 100 % Exemption on Gross Receipt Tax Business Property Tax Excise Tax Payments. 83 %
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Gov. Albert Bryan Jr. who was serving as chairman of the Economic Development Commission at the time under former Gov. John de Jongh Jr. signed off on the most recent certificate for Southern Trust in 2014 granting Epstein a 90% exemption from V.I. income taxes and a 100% exemption from gross receipts and excise taxes.
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Dec 15 2021· The board also added an agenda item regarding Tycheros Capital Management VI Group which was granted tax incentive benefits for 20 years at 100% of incentives authorized by law in July. The EDC
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Dec 21 2021· The Economic Development Commission heard two new applications from financial services companies seeking tax incentives Tuesday 2400 Services LLC and Cypress Mortgage Capital who said they
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Nov 17 2021· Time is running out for Caneel Bay Resort if it wants to reopen the resort on the north shore of St. John with tax incentives. The Economic Development Commission governing board ruled Tuesday that for the resort to keep its benefits it must meet several stipulations including a report in 10 days about its lease negotiations.
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Nov 17 2021· Time is running out for Caneel Bay Resort if it wants to reopen the resort on the north shore of St. John with tax incentives. The Economic Development Commission governing board ruled Tuesday that for the resort to keep its benefits it must meet several stipulations including a report in 10 days about its lease negotiations.
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Time is running out for Caneel Bay Resort if it wants to reopen the resort on the north shore of St. John with tax incentives. # visource # usvi # news. EDC Wants Answers from Caneel and Money from Sugar Bay. Time is running out for Caneel Bay Resort if it wants to reopen the resort on the north shore of St. John with tax incentives.
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Nov 18 2021· Meanwhile the bean counters at companies considering a U.S. Virgin Islands location will find the territory’s tax incentive program to be of particular interest. Administered by the Economic Development Commission and fully supported by the U.S. government the program offers qualifying companies these benefits:
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The USVI offers a tax program that is fully sanctioned by the U.S. government and Internal Revenue Service. Through the Economic Development Commission’s (EDC) tax program qualifying companies are eligible for the following tax benefits among others: 90% reduction in corporate income tax; 90% reduction in personal income tax
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St. Thomas Office. 5328 Yacht Haven Grande Suite 105. St. Thomas VI 00802. Call: 340-774-5277. Fax: 340-777-9472. View Map »
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