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Taxes in the Virgin Islands. Taxes imposed on residents of the Virgin Islands include: Federal Income Tax (same as US mainland) ... Employers are required to remove social security, Medicare and income tax from employee pay.

Government House: USVI is Not a Tax Haven. ... As the U.S. Treasury Department has stated, there is no evidence that the U.S. Virgin Islands has been used to evade or avoid any taxes imposed by European Union Member States.

In addition, as a territory of the United States, the U.S. Virgin Islands is subject to U.S. laws that deal with ownership information for financial assets and that provide for sharing tax information, The U.S. Virgin Islands is neither a secrecy jurisdiction nor a so-called tax haven.

USVI Income Taxes. Generally, instead of filing returns and paying taxes to the IRS, residents of the USVI, and corporations[3] formed in the USVI, file returns and pay income taxes directly the Virgin Islands Bureau of Internal Revenue[13].

File your original Form 1040 with the United States and file a signed copy of the U.S. return (including all attachments, forms, and schedules) with the Virgin Islands Bureau of Internal Revenue by the due date for filing Form 1040. Use Form 8689 to figure the amount of tax you must pay to the USVI.

But in the U.S. Virgin Islands, the average rate is just 3.37 percent.

American citizens can freely travel and work in the U.S.V.I. ... The same federal immigration regulations that exist in the US mainland are in use in the Virgin Islands. For more information visit: Bureau of Citizenship and Immigration Services.

Puerto Rico is a US territory and not a state, so its residents don't pay federal income tax unless they work for the US government. Even so, workers there pay the majority of federal taxes that Americans on the mainland pay payroll taxes, social security taxes, business taxes, gift taxes, estate taxes and so on.

The United States has a total of 16 territories. There are five territories that are inhabited. They are Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, and the North Mariana Islands.

Guam is a U.S. Territory and most Guam residents are U.S. Citizens. But for the most part, Guam residents do not pay U.S. Federal Income Tax. Rather, they pay a "mirror image" tax to the Guam government. ... However, the return, is filed with the Guam Government, not with the IRS.

Unlike the US, Puerto Rico does not tax social security pension income or unemployment. Puerto Rico residents must still pay the US FICA tax on self-employment income.

U.S. possessions can be divided into two groups: Those that have their own governments and their own tax systems (Puerto Rico, U.S. Virgin Islands, Guam, American Samoa, and The Commonwealth of the Northern Mariana Islands), and.

But in the U.S. Virgin Islands, the average rate is just 3.37 percent.

Taxes in the Virgin Islands. Taxes imposed on residents of the Virgin Islands include: Federal Income Tax (same as US mainland) ... Employers are required to remove social security, Medicare and income tax from employee pay.

Taxes imposed on residents of the Virgin Islands include: Federal Income Tax (same as US mainland) Property Tax. Employers are required to remove social security, Medicare and income tax from employee pay.