(a) Every individual, firm, corporation, or other telephone company engaged in the business of providing telecommunication service in the Virgin Islands shall pay a monthly telephonic long-distance surtax of two and one-half percent (2.5%) on the total charges of all telecommunication long-distance calls originating from or terminating in the Virgin Islands from such service provider facilities.
(b) The surtax imposed by this section shall be paid by the company and shall not be added to or passed on to the telephone user, or listed as a separate item on bills rendered by the telecommunication carriers service provider to customers.
(c) Every individual, firm, corporation, or other telephone company shall file a report with the Director of the Bureau of Internal Revenue on forms to be provided by the Bureau of Internal Revenue, declaring the dollar value of the provider's total charges of all telephone calls originating from or terminating in the Virgin Islands. The report and payment shall be due within thirty (30) days following the last day of the calendar month concerned.
(d) As used in this section, the word:
(1) “Telecommunication long-distance call” means an automated machine and/or operator-assisted toll call originating from or terminating in the United States Virgin Islands, and which is charged in the records of the telecommunications service provider to the consumer's telephone number or account in the Virgin Islands.
(2) “Telecommunications service provider” means any individual, firm, corporation, or other company providing telecommunication service in the Virgin Islands.
(3) “Telecommunication service” means the transmission via a telephonic long-distance call of any interactive, two-way electromagnetic communications, including voice, image, data, and information through the use of any medium such as wires, cables, fiber optics, microwaves, cellular phones, radio waves, light waves, or any combination of those or similar media.
(e) Of the funds collected pursuant to this section sixty-five percent (65%) shall be deposited into the Tourism Advertising Revolving Fund, established pursuant to Title 33, section 3072, of this Code, to be used for the purposes set forth therein and thirty-five percent (35%) shall be deposited into the Union Arbitration Award and Government Employees Increment Fund as established under Title 33, section 3066 of this Code.
(f) The Director of the Bureau of Internal Revenue is authorized to promulgate such rules and regulations as may be deemed necessary, in accordance with Title 3, chapter 35, Virgin Islands Code, to effectuate the purposes of this section. The Director shall also establish a procedure for the systematic transfer of all sums collected pursuant to this section into the Tourism Advertising Revolving Fund, and the Union Arbitration Award and Government Employees Increment Fund.