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Sunday, November 29, 2020
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Canvassing Has Increased Tax Collection Rates, BIR Director Says

The Virgin Islands Bureau of Internal Revenue’s collection rates are up this fiscal year, with a 7 percent increase in total revenue collections and a 20 percent increase in outstanding balance collections compared to the 2019 fiscal year, said BIR Director Joel Lee.
(Shutterstock image)

Pandemic Economics: How bad Is It?

When asked to estimate the impact of the novel coronavirus on the V.I. government’s revenues, Bureau of Internal Revenue Director Joel Lee said they could not give a firm projection “because this has never happened before.”

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