US Virgin Is.

Property Inheritance

More VI

Inheritance tax and law

June 07, 2013

INHERITANCE
Property located in the US Virgin Islands is exempt from US federal estate and gift taxes, if owned by non-US citizens and non-US permanent residents.

Although there is a Virgin Islands inheritance tax set out, all inheritances after 1984 are exempt from taxation.


ESTATE TAX 2010

TAX BASE US$
TAX RATE
Up to US$2,300
15%
US$2,300 - US$5.350
25%
US$5,350 - US$8,200
28%
US$8,200 - US$11,200
33%
Over US$11,200
35%

US Virgin Is. - More data and information

Comments

Be the first to comment on this article!

Login or Register to submit a comment!
In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.