Finance, Bureau of Internal Revenue Send Out $15 Million In Income Tax Refunds
CHARLOTTE AMALIE — The Virgin Islands Department of Finance and the Bureau of Internal Revenue sent out more than 6,000 income tax refunds to residents this week totaling more than $15 million
The latest disbursement is a continuation of refunds from the 2018 tax year and part of Governor Albert Bryan Jr.’s pledge to stabilize and restore trust in the Government of the Virgin Islands, Government House said.
To date, the local government has issued approximately $128.6 million of income tax refunds since Governor Albert Bryan took office in January 2019:
- $29.2 for the Fiscal Year 2019 months the Bryan-Roach Administration was in office
- $68.7 million for FY 2020
- $30.7 million so far in FY 2021
“It is critical that the government pay the debts it owes to residents, and this Administration remains focused on that obligation even as we continue to maintain our economy from the financial ravages of the COVID-19 pandemic,” Governor Bryan said. “We will continue to honor that obligation until we are able to bring the GVI current on what it owes the people.”