Inheritance tax and inheritance law in US Virgin Is.
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INHERITANCE
Property located in the US Virgin Islands is exempt from US federal estate and gift taxes, if owned by non-US citizens and non-US permanent residents.
Although there is a Virgin Islands inheritance tax set out, all inheritances after 1984 are exempt from taxation.
ESTATE TAX 2010 |
|
| TAX BASE US$ | |
| Up to US$2,300 | |
| US$2,300 - US$5.350 | |
| US$5,350 - US$8,200 | |
| US$8,200 - US$11,200 | |
| Over US$11,200 | |