Title 33 — Taxation and Finance
44 chapters · 619 sections in this title.
33 V.I.C. § 1011 Payment by check or money order
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Authority to receive Authority to receive (a) It shall be lawful for the Director to receive for taxes imposed by this title or the Virgin Islands income tax law, checks, money orders or credit cards, to the extent and under the conditions provided in regulations prescribed by th…
33 V.I.C. § 1012 Fractional parts of a cent
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In the payment of any internal revenue tax imposed by this title or the Virgin Islands income tax law not payable by stamp, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to 1 cent.
33 V.I.C. § 1013 Receipt for taxes
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The Director shall, upon request, give receipts for all sums collected by him, excepting only when the same are in payment for stamps sold and delivered; but no receipt shall be issued in lieu of a stamp representing a tax.
33 V.I.C. § 1014 Payment by foreign currency
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The Director is authorized in his discretion to allow payment of internal revenue taxes in the currency of a foreign country under such circumstances and subject to such conditions as the Director may by regulations prescribe.
33 V.I.C. § 1031 Lien for taxes
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If any person liable to pay any internal revenue tax neglects or refuses to pay the same after demand, the amount (including any interest, additional amount, addition to tax, or assessable penalty, together with any costs that may accrue in addition thereto) shall be a lien in fa…
33 V.I.C. § 1032 Period of lien
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Unless another date is specifically fixed by law, the lien imposed by section 1031 of this title shall arise at the time the assessment is made and shall continue until the liability for the amount so assessed is satisfied or becomes unenforceable by reason of lapse of time.
33 V.I.C. § 1033 Validity against mortgagees, pledgees, purchasers and judgment creditors
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Invalidity of lien without notice Invalidity of lien without notice (a) Except as otherwise provided in subsection (b) of this section, the lien imposed by section 1031 of this title shall not be valid as against any mortgagee, pledgee, purchaser or judgment creditor until notice…
33 V.I.C. § 1034 Release of lien or partial discharge of property
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Release of lien Release of lien (a) Subject to such rules or regulations as the Director may prescribe, the Director may issue a certificate of release of any lien imposed with respect to any internal revenue tax if—(1) Liability satisfied or unenforceable. The Director finds tha…
33 V.I.C. § 1051 Levy and distraint
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Authority of Director Authority of Director (a) If any person liable to pay any internal revenue tax neglects or refuses to pay the same within 10 days after notice and demand, it shall be lawful for the Director or any authorized representative to collect such tax together with …
33 V.I.C. § 1052 Surrender of property subject to levy
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Requirements Requirements (a) Any person in possession of (or obligated with respect to) property or rights to property subject to levy upon which a levy has been made shall, upon demand of the Director, surrender such property or rights (or discharge such obligation) to the Dire…
33 V.I.C. § 1053 Production of books
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If a levy has been made or is about to be made on any property, or right to property, any person having custody or control of any books or records, containing evidence or statements relating to the property or right to property subject to levy, shall upon demand of the Director, …
33 V.I.C. § 1054 Property exempt from levy
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Enumeration Enumeration (a) There shall be exempt from levy—(1) Wearing apparel and school books. Such items of wearing apparel and such school books as are necessary for the taxpayer or for members of his family;(2) Fuel, provisions, furniture, and personal effects. If the taxpa…
33 V.I.C. § 1055 Sale of seized property
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Notice of seizure Notice of seizure (a) As soon as practicable after seizure of property, notice in writing shall be given by the Director to the owner of the property (or, in the case of personal property, the possessor thereof), or shall be left at his usual place of abode or b…
33 V.I.C. § 1056 Sale of perishable goods
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If the Director determines that any property seized is liable to perish or become greatly reduced in price or value by keeping, or that such property cannot be kept without great expense, he shall appraise the value of such property and— (1) Return to owner. If the owner of the p…
33 V.I.C. § 1057 Redemption of property
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Before sale Before sale (a) Any person whose property has been levied upon shall have the right to pay the amount due, together with the expenses of the proceeding, if any, to the Director at any time prior to the sale thereof, and upon such payment the Director shall restore suc…
33 V.I.C. § 1058 Certificate of sale; deed of real property
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Certificate of sale Certificate of sale (a) In the case of property sold as provided in section 1055 of this title, the Director shall give to the purchaser a certificate of sale upon payment in full of the purchase price. In the case of real property, such certificate shall set …
33 V.I.C. § 1059 Effect of certificate of sale of personal property and deed of real property
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Certificate of sale of property other than real property Certificate of sale of property other than real property (a) In all cases of sale pursuant to section 1055 of this title of property (other than real property), the certificate of such sale—(1) As evidence. Shall be prima f…
33 V.I.C. § 1060 Records of sale
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Requirement Requirement (a) The Director shall keep a record of all sales of real property under section 1055 of this title and of redemptions of such property. The record shall set forth the tax for which any such sale was made, the dates of seizure and sale, the name of the par…
33 V.I.C. § 1061 Expense of levy and sale
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The Director shall determine the expenses to be allowed in all cases of levy and sale.
33 V.I.C. § 1062 Application of proceeds of levy
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Collection of liability Collection of liability (a) Any money realized by proceedings under this subchapter (whether by seizure, by surrender under section 1052 of this title or by sale of seized property) shall be applied as follows—(1) Expense of levy and sale. First, against t…
33 V.I.C. § 1063 Authority to release levy
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It shall be lawful for the Director, under regulations prescribed by the Director, to release the levy upon all or part of the property or rights to property levied upon where the Director determines that such action will facilitate the collection of the liability, but such relea…
33 V.I.C. § 991 Collection authority
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The Director shall collect the internal revenue taxes imposed by this title and the Virgin Islands income tax law.
33 V.I.C. § 992 Mode or time of collection
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Establishment by regulations Establishment by regulations (a) If the mode or time for collecting any internal revenue tax is not provided for by this title or the Virgin Islands income tax law, the Director may establish the same by regulations. Establishment by regulations (a) I…
33 V.I.C. § 993 Notice and demand for tax
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General rule General rule (a) Where it is not otherwise provided by the internal revenue law of the Virgin Islands, the Director shall, as soon as practicable, and within 60 days, after the making of an assessment of a tax pursuant to section 923 of this title, give notice to eac…