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Common Immigration Law Issues Impacting Today’s Businesses
If your business employs immigrant workers in the U.S. Virgin Islands, there are a number of common immigration legal issues you need to master to ensure you are in complete compliance with the law.
The following are some of those pressing issues:
- Form I-9 still in effect: The U.S. Customs and Immigration Service (USCIS) website
Virgin Islands Gross Receipts Tax Amnesty in Effect
Virgin Islands Bureau of Internal Revenue Director Marvin Pickering has announced that businesses that are delinquent in paying their Virgin Islands Gross Receipts Tax can avoid penalties and interest if they pay by January 3, 2017.
The amnesty was included as Section 6 of Act No. 7930 (Bill No. 31-0448) approved by the 31st
Why the US Virgin Islands Needs to Enact UCC-9 (2010)
To date, all 50 states, the District of Columbia and the Commonwealth of Puerto Rico have enacted the 2010 Amendments to Article 9 of the Uniform Commercial Code (UCC). However, the U.S. Virgin Islands is still the only jurisdiction not to enact those amendments, an issue that has
The Tax Benefits of Giving to a Charitable Remainder Trust
Charitable trusts allow you to leave behind a significant portion of your property and assets to charity. It also has the added benefit of providing you with some outstanding tax benefits.
The most common form of charitable trust is known as a charitable remainder trust. Such a trust is simple to set up. You transfer
Can the U.S. Virgin Islands Avoid the Debt Problems Impacting Puerto Rico?
If you’ve been following the news over the past nine months or more, you likely know about the serious debt crisis facing Puerto Rico—and efforts by the United States federal government to address it. This begs a natural question: could the same thing happen here in the U.S. Virgin Islands?
That was the subject of
Fitch Downgrades US Virgin Islands Gross Receipt Tax Bonds
Fitch, one of the top ratings firms in the United States, has become the latest to officially downgrade U.S. Virgin Islands bonds. The downgrade comes at an inopportune time for the Government of the Virgin Islands, which is in the middle of hearings by the 31st Legislature on the FY 2017 Executive Budget which
Incorporation and Registration in the U.S. Virgin Islands
The U.S. Virgin Islands provides business owners with some significant tax incentives as a means of boosting its economy and encouraging businesses to open up shop in the Territory. While qualified businesses are able to reduce up to 90 percent of their personal and corporate federal income taxes, and could even receive a full exemption
A Simple Guide to Preparing for Business Litigation
When you own or operate a business, it’s very possible that you will find yourself involved in some type of dispute. In the more serious cases, you may even face a lawsuit.
The following are a few simple actions that can protect you in the event of business litigation:
Get insured: Having a high-quality business
Applying for a Nonimmigrant Visa Hranka Waiver
There are a number of complicated legal issues foreign individuals will need to address before entering the United States or its territories—even if they are on a temporary nonimmigrant visa. The good news is that there are certain waivers for grounds of inadmissibility that can help to ease the process for foreign nationals.
Most of