state and federal t...
 
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state and federal taxes

(@charles)
Posts: 1
New Member
Topic starter
 

*I am thinking about taking a job in the virgin islands us terriority can you please tell me what the state and federal % is

thank you
charles

 
Posted : December 15, 2004 1:01 pm
(@pamela)
Posts: 1171
Noble Member
 

There is no state tax. Federal taxes are the same here as in the states. There is also no sales tax.
Pamela.

 
Posted : December 15, 2004 1:44 pm
(@Marty)
Posts: 217
Estimable Member
 

However, instead of a "State" tax, we do have a "V.I." tax...kinda like the same thing. It works out to be about the same as in the States.

 
Posted : December 15, 2004 5:13 pm
(@Linda_J)
Posts: 3919
Famed Member
 

Well, not exactly. We only have one tax -- call it whatever. It's paid at the same rate as federal income tax, but it stays here in the territory. That, social security and medicare is it.

Most states have a state tax, some cities have a city occupational tax, we have neither.

 
Posted : December 15, 2004 7:53 pm
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