U.S. Virgin Islands – Governor Albert Bryan Jr. is pleased to announce the issuance of approximately $5,161,033 million in income tax refunds to residents of the U.S. Virgin Islands. This latest distribution will benefit 1,548 tax filers who have dutifully submitted their returns and are due refunds.
“This release of funds underscores our administration’s commitment to the financial well-being of the Virgin Islands community,” said Governor Bryan. “We are dedicated to ensuring that taxpayers receive the refunds they are owed in a timely manner.
The breakdown of the refunds is as follows:
$911,386 to 200 filers for tax years 2018 and prior
$297,549 to 105 filers for tax year 2019
$2,784,533 to 982 filers for tax year 2020
$1,167,565 to 261 filers for tax year 2021
These refunds cover filings up to the deadline of April 19, 2022, for the 2021 tax year.
It is important to note that refunds issued for filings prior to 2021 are largely attributable to later filings or filings that have only recently been resolved, often due to audits.
The Virgin Islands Bureau of Internal Revenue and Department of Finance have worked diligently to process refunds efficiently and will continue to ensure that all taxpayers receive their due refunds as swiftly as possible.
For more information on the status of your refund, taxpayers are encouraged to contact the Virgin Islands Bureau of Internal Revenue directly at 340-773-1040 or 340-715-1040.
“We are committed to fiscal responsibility and to serving the hard-working people of the Virgin Islands,” concluded Governor Bryan. “My administration is focused on improving every facet of our financial management to better the lives of our citizens.”
The Bryan-Roach Administration is investing in the Territory’s people, infrastructure, and future through transparency, stabilizing the economy, restoring trust in the government, and ensuring that recovery projects are completed as quickly as possible. Visit transparency.vi.gov
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