St. Croix Tax & Accounting: USVI Filings for STX Businesses

How we work with St. Croix clients

Here is how an engagement runs, so you can weigh it against a firm with a St. Croix address.

Documents come through your client portal, in whatever format your bookkeeper or point of sale produces
Working sessions happen by video or phone, booked through this page
Rodd travels to St. Croix for meetings that need to happen in person
Returns with tax due are filed and paid online, so nothing waits on which island the preparer is on

For a monthly gross receipts return, distance costs nothing: the numbers arrive through the portal and we file from St. Thomas. For a first year of unreconciled books, or a notice that needs a conversation, we plan the trip.

What is different on St. Croix

Paper payments go to a different building

The Bureau of Internal Revenue takes gross receipts checks at two addresses: 6115 Estate Smith Bay for St. Thomas, and the Leroy A. Quinn Government Finance Center, 4008 Estate Diamond Plot 7B, Christiansted 00820, for St. Croix. Filing and paying through VIBIR’s e-filing portal at gross-receipts.bir.vi.gov, or paying income tax through VI Quick File, removes the question, which is why we file and pay online whenever a return carries a payment.

An incentive zone only St. Croix has

The EDC and the Research and Technology Park (RTPark, run with the University of the Virgin Islands) reach St. Croix as they reach the other islands. Only St. Croix has the South Shore Trade Zone, which carries a 100% gross receipts exemption among its benefits.

None of them ends the paperwork. An EDC beneficiary still files Form 720 every month, marked EDC Beneficiary – Exempt, and a missed return on a 100% exempt business is still a missed return.

Imported goods carry their own taxes

Articles brought in for business use, sale or processing carry excise on Form 721 V.I., assessed on invoice value plus a 5% markup, at rates from 2% on clothing and medicine to 10% on vehicles. Goods originating outside U.S. sovereignty also carry a 6% ad valorem customs duty, administered by U.S. Customs and Border Protection, not VIBIR. An EDC grant cuts that duty to 1% on raw materials and component parts and exempts excise entirely. If your cost base is imported, model those three numbers before a grant application, not after it.

Work we take on for St. Croix clients

Construction and the trades: Gross receipts tax lands on the full draw, with no deduction for subcontractors, materials, or the excise paid to bring them in. Price a job at a mainland margin and 5% of the top line goes with it.
Suppliers and wholesale: The tax pyramids: your sale to a distributor and the distributor’s sale to a retailer are each taxed in full, with no carve-out for sales between related entities. Where that stacks up, the fix is in the entity structure, not the return.
Government contractors: The Virgin Islands Government withholds gross receipts tax at 4% on large payments. The rate is 5%, so the missing 1% is still yours to pay when the return is filed.

St. Croix tax filings, run from our St. Thomas office