BIR Director Marvin Pickering Says He Is ‘Pleased’ To Announce ‘Sin Tax’ Penalizing Local Businesses Will Go Into Effect In Three Weeks
ANTI-BUSINESS: BIR’s Marvin Pickering
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CHRISTIANSTED — The director of the Bureau of Internal Revenue said today that the “sin tax” will begin to take effect on May 1.
Marvin Pickering said businesses will be forced to pay more because of Act No. 7987 dealing with imports and excise taxes in the territory:
1. Foreign Beers – $6.08 per case of 24-12 ounce containers or equivalent
2. US Beers – $5.00 per case of 24-12 ounce containers or equivalent
3. Foreign kegs – $8.25 per keg
4. US kegs – $5.70 per keg
5. Cigarettes – $11.00 per carton
6. Carbonated Drinks – $1.44 per case of 24-12 ounce containers or equivalent
7. Rums, Liquors, vodka and other alcoholic beverages – $6.00 per case
The new tax rates will go into effect on May 1, 2017.
“What about following up on all the businesses that don’t pay taxes–as well as the people renting homes without a license, not paying gross receipts or hotel taxes–I keep hearing you are looking into it, but that has been going on for two years with no results,” said Marti Boyd Gotts, a prominent real estate broker, who runs and owns Vacation St. Croix (340) 718-0361 http://vacationstcroix.com/about-us/
Pickering, a former bookkeeper for Cruzan Rum for 30 years, said that taxpayers with questions
about the excise taxes should contact Glenford Hodge at (340) 715-1040,