(a) Every person, business, partnership, firm, corporation or other association in the Virgin Islands that purchases motor vehicle tires shall pay a tax on each tire in the following amounts:(1) Tires 18 inches or under — $1.00 per tire; or(2) Tires over 18 inches — $2.00 per tire
(1) Tires 18 inches or under — $1.00 per tire; or
(2) Tires over 18 inches — $2.00 per tire
(b) The importer of the tire shall indicate the amount of the fee as a separate item on the statement or charges given to the person, business, partnership, firm, corporation or other association. The importer shall be responsible for making the reports and payments at such intervals as the Director of the Bureau of Internal Revenue requires.
(c) Sections 45 (penalty for failure to file report or pay tax; arbitrary assessment by Director; waiver of penalties), 48 (Taxpayers' records) and 53(a) (Penalties) of chapter 3 of this title apply to the regulation of vehicle tire taxes and taxpayers under this chapter.
(d) All amounts collected under this section must be deposited into the Waste Tire Management and Disposal Fund established in 19 V.I.C § 1570m within 15 days after their receipt by the Bureau of Internal Revenue.