Assessment of property which has previously escaped assessment; reassessment of improperly assessed property

1. Law
2. US Virgin Islands Code
3. Taxation and Finance
4. Property Taxes
5. Assessment of Property
6. Assessment of property which has previously escaped assessment; reassessment of improperly assessed property

• Whenever the Lieutenant Governor learns that any real property liable to taxation has been omitted from the assessment of property of any taxpayer for any year, he shall immediately cause the same to be assessed for the years for which such property has escaped assessment and to add such property to the tax rolls for such years and proceed to the collection of the taxes corresponding to the same and all surcharges accruing on account of such taxes not having been paid in due time, in the manner prescribed by this subtitle. If, however, the property has not been assessed and taxed through no willful default of the owner, the Commissioner of Public Administration may, in his discretion, remit the surcharge, in whole or in part. In all cases where property has been assessed for any year, but such assessment has been made in other than the name of the true owner or possessor, or has been so made as to be void, the Commissioner of Public Administration shall—

  • (1) cancel such assessment and eliminate the same from the taxroll;

  • (2) withdraw and cancel the tax receipts or bills corresponding to the same;

  • (3) proceed to reassess such property and correct the tax-rolls accordingly; and

  • (4) collect the taxes corresponding to such reassessment in the manner provided in this section for assessment and collection of taxes on real property that has improperly escaped assessment.

• In cases of the above nature where the tax has been paid by the wrong person, such payment shall be refunded by the Commissioner of Finance.

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