BIR to Resume Excise Tax Collections Immediately

Joel A. Lee, CPA, Director of the Virgin Islands Bureau of Internal Revenue, announces that the excise tax collection on imported goods by entities doing business in the Virgin Islands will resume on Monday, March 15, 2021.

Excise taxpayers are reminded that the excise tax collection process is an online process, and returns must be completed on the Bureau's website, which is located at excise.bir.vi.gov.

Local manufacturers are also reminded that they are required to file a manufacturer's excise tax return, Form 721VI, and include the manufacturer's worksheet, Form 721VI MWK, which will cover the monthly sale of items manufactured in the Virgin Islands. The returns are due 30 days following the month concerned. Manufacturers returns are available on the Bureau's website, at bir.vi.gov and at all of the Bureau's offices.

Questions concerning the excise tax should be directed to Mr. Glenford Hodge, Supervisor of Excise Tax Return at (340) 715-1040, extension 3201.