US Virgin Islands
The main USA tax code applies to the US Virgin Islands, the main difference being that the revenue is collected by the US Virgin Islands Revenue Service rather than the US IRS.
Income tax is progressive, with the top rate of tax being 35%. Short-term capital gains (i.e. those made on assets held for less than a year) are taxed as income, while an abatement applies for long-term gains. Inheritance tax (estate tax) is levied at rates of up to 45%.
Corporate tax rates vary with taxable profits and are up to 39%. Exempt companies are not subject to corporate taxes.
There are no sales taxes in the US Virgin Islands.
There are no restrictions on non-residents buying property in the US Virgin Islands; stamp duty (transfer tax) applies at rates of up to 3½%.
The US Virgin Islands is not party to any tax treaty.
