Act No. 8251 — An Act amending title 33, subtitle I, part 1, chapter 3, sections 44 and 45 of the Virgin Islands Code by requiring monthly filing of gross
ACfNO. 8251 BILL NO. 33-0087 THiRTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2019 An Act amending title 33, subtitle I, part 1, chapter 3, sections 44 and 45 of the Virgin Islands Code by requiring monthly filing of gross receipts for only business whose gross receipts exceed $225,000 and businesses that have been established less than five years: and prohibiting the Virgin Islands Bureau of Internal Revenue from assessing penalties and fees for unpaid gross receipt taxes during the time when a new business’ gross receipts has not yet exceeded $225,000 ---0--- Be it enacted by the Legtclature of the Virgin 11a,zds: SECTION 1. Title 33, subtitle I, pail I, chapter 3 of the Virgin Islands Code is amended as follows: In section 44(c) after the lirst instance of “S225.000” by inserting “or any husiness that has been established for less than five years”. …
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