Exemption of VIFSCs from income taxes

  1. Law
  2. US Virgin Islands Code
  3. Corporations and Associations
  4. Virgin Islands Foreign Sales Corporation
  5. Exemption of VIFSCs from income taxes

Checkout our iOS App for a better way to browser and research.

  • An FSC shall be exempt from the payment of income tax under the Internal Revenue Code (as it applies to the United States Virgin Islands) on:

    • (a) foreign trade income;

    • (b) net investment income and carrying charges; and

    • (c) foreign trade related income.


Download our app to see the most-to-date content.