The government's tax revenue collection fell only R16.7 billion short of expectations from last year's Budget forecast due in part to lower diesel import VAT receipts as load shedding subsided ...

A sample of cannabis in a display case at Tradecrafts Farms dispensary in Vista, Calif., Oct. 17, 2023. The San Diego City Council Monday voted to increase the tax rate for cannabis businesses ...

The idea of introducing a sales tax in the U.S Virgin Islands was the center of discussion during a Committee of the Whole session to pinpoint the causes of the territory’s high cost of living.

Sen. Kurt Vialet listens to and answers IRB Director Joel Lee at Tuesday’s hearing. (Photo from V.I. Legislature livestream) On Tuesday, senators questioned Gov. Albert Bryan Jr.’s financial team ...

A difference of opinion on the efficacy of the territory’s tax incentives arose when the Committee of the Whole met to discuss the USVI’s cost of living crisis on Monday. Economist Mark Wenner ...

Business income tax receipts went up nearly five-fold from last year as January’s receipts totaled $132.5 million. The state received just $26.6 million in January 2024.

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