Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves bill to clarify gross-receipts tax applies to contractors doing work in USVI
Summary
The Committee on Economic Development and Agriculture voted April 16 to forward legislation (Bill 36‑0063) clarifying that gross‑receipts taxes apply to contractors performing work in the U.S. Virgin Islands regardless of the contractors’ physical location. The committee approved the measure for referral to Rules and Judiciary.
The Committee on Economic Development and Agriculture voted April 16 to approve legislation clarifying that gross‑receipts and excise requirements apply to contractors performing work in the U.S. Virgin Islands regardless of whether the contractor is physically located in the territory.
Sponsor Senator Clifford A. Joseph Sr. framed Bill 36‑0063 as a necessary correction to ensure that entities that contract for territory-funded projects pay the gross‑receipts tax the law intends to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
