Tag: Virgin Islands Department of Finance

Government Mails Out $12.5M In Tax Refunds Today

CHARLOTTE AMALIE — A St. Croix Senator said some of taxpayer’s income tax refund payments from the Virgin Islands government were put in the mail today. “I welcome the good news delivered by Finance Commissioner Bosede Bruce ahead of her budget testimony in the Finance Committee today that $12.5 million in income tax return payments […]

Department of Finance Awarded $4.7M To Refurbish Offices On St. Thomas

CHARLOTTE AMALIE — The Office of Disaster Recovery announces that FEMA recently awarded the Department of Finance $4,694,496 to refurbish its offices on St. Thomas. The obligation will cover repairs to all five buildings and the parking area located in the historic district of Charlotte Amalie. These buildings house the financial hub of governmental operations. After […]

Bryan Says Things Are Looking Up For USVI Financially Despite COVID-19 Pandemic

CHARLOTTE AMALIE — Governor Albert Bryan. heard largely positive projections for Fiscal Year 2021 from the revenue-generating agencies and departments of the Government of the Virgin Islands during the Office of Management & Budget’s (OMB) 2021 Revenue Estimating Conference on Tuesday. In her Revenue Forecast before the presentations by the 18 agencies and departments reporting their […]

BIR and Finance Send Out $25 Million in $1,400 Stimulus Checks

CHARLOTTE AMALIE — Governor Albert Bryan announced today that the Virgin Islands Bureau of Revenue (BIR) and the Virgin Islands Department of Finance have mailed out almost $25 million in $1,400 Stimulus Checks to 10,000 residents. This week’s distribution of $24.9 million in federal funds from President Biden’s American Rescue Plan is the first of a […]

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 […]

Finance Commissioner Fired For Issuing $109,500 In Unauthorized Bonuses To Department Employees

CHARLOTTE AMALIE — Virgin Islands Finance Commissioner Kirk Callwood, Sr. was abruptly fired this week after issuing more than $100,000 in unauthorized stipends to employees in his department. Government House spokesman Richard Motta, Jr. said the governor asked for Callwood’s resignation on Monday after learning that the Finance commissioner used $109,500 within his allotted budget […]

Governor Bryan Resumes Sending 2017 Tax Refund Checks To Lucky Taxpayers Awaiting Overdue Monies

CHARLOTTE AMALIE — Governor Albert Bryan, Jr. announced today that the Virgin Islands Department of Finance has begun distributing $20 million of income tax refunds. The refunds comprise the rest of the tax refunds owed from 2017 and a portion of those owed from 2018. “Lieutenant Governor Roach and I sought this office with the […]

BRYAN: Tourism And Government Revenues Come First, Says He Has No Plans To Shut USVI Down Again

CHARLOTTE AMALIE — Government House issued the following statement on Friday in response to information circulated about plans to renew COVID restrictions on businesses and other community activities: “Neither Governor Albert Bryan Jr., Government House nor the administration’s COVID-19 Task Force have made any official announcements concerning beach closures, added restrictions to restaurants’ current operations or further restrictions […]

Governor Bryan Says $10 Million In Stimulus Checks Went In The Mail This Week

CHRISTIANSTED — During his COVID-19 briefing on Thursday, Governor Albert Bryan, Jr. said that stimulus checks began going out from the Virgin Islands Finance Department on Monday and by the end of the week, 6,271 checks totaling almost $10 million will have been issued. “Everyone who is entitled to a COVID stimulus check will receive […]