What is the tax rate in the Virgin Islands 2024?
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Studied at the University of Sydney, Lives in Sydney, Australia.
With the blessing of the U.S. Treasury and Congress, the islands offer a 90 percent reduction in U.S. corporate and personal income taxes. Much of corporate America already pays federal taxes well below the statutory 35 percent rate. But in the U.S. Virgin Islands, the average rate is just 3.37 percent.Sep 9, 2014
2023-05-27 10:13:06
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Felix Martin
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With the blessing of the U.S. Treasury and Congress, the islands offer a 90 percent reduction in U.S. corporate and personal income taxes. Much of corporate America already pays federal taxes well below the statutory 35 percent rate. But in the U.S. Virgin Islands, the average rate is just 3.37 percent.Sep 9, 2014