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What is the deal ith income and other taxes in the USVI. Is it the same as stateside?
Posted : April 7, 2005 6:43 pm
Fom my understanding it is the same rate as the rest of the US, it's just that the money will stay in the USVI instead of going to Washington.
Someone please correct me if that's wrong!
Brandy
Posted : April 7, 2005 7:57 pm
That's my understandfing, as well. I never even look at my paycheck stubs! I don't even get to look at my check! I get it in a sealed envelope and when I get home I just give it to my wife. Maybe we should ask her? Haha!
Posted : April 7, 2005 8:08 pm
Federal Income Tax = ame as VI Income Tax
State Tax = None in VI
Sales Tax = None in VI
Property Tax = Very Low
Jim
Posted : April 7, 2005 10:11 pm
I just dug up a check stub (so THAT's what they look like!), and here are the deductions on mine:
-Federal W/D (highest, %-wise)
-FICA (a close second, %-wise)
-MEDICARE (lowest, %-wise)
Posted : April 9, 2005 6:26 pm
Topic starter
Thanks guys!
Posted : April 11, 2005 8:45 pm
