2019 US Virgin Islands Code
Title 32 - Sports and Parks
Chapter 21 - Virgin Islands Casino and Resort Control Act of 1995
Article XIV - Virgin Islands Internet Gaming and Internet Gambling Act
Subarticle C - Returns to Players, Supervision, Charges and Tax
§ 613. Gaming and gambling tax; distribution of fees
(a) Notwithstanding the provisions of Article XI of this chapter, and in lieu of taxes and fees imposed pursuant to such Article, the Master Service Provider and the licensees shall pay taxes to the Casino Revenue Fund on Gross Service Provider Revenues, gross Internet gaming and Internet gambling revenue as applicable and in accordance with the provisions of subsection (b) herein. Notwithstanding any other law, the Master Service Provider, the licensees and any owners thereof, shall not be required to pay any other taxes and fees to the Virgin Islands, including but without limitation those imposed pursuant to The Internal Revenue Code of 1986, as applicable to the Virgin Islands, and to titles 13 and 33 of this Code.
(b) The Master Service Providers and the Licensees shall be subject to an annual tax on Gross Service Provider Revenues, gross Internet gaming revenues and gross Internet gambling revenues as applicable and as defined in section 603 of this chapter, as follows:
(i) A Master Service Provider shall pay an annual tax of two and one-half (2 ½) percent of its Gross Service Provider Revenue; and
(ii) A Licensee shall pay an annual tax of one and one-half (1 ½) percent of its Gross Internet Gaming Revenues and Gross Internet Gambling Revenues.
(c) Application fees, license fees, and renewal fees imposed pursuant to section 607, subsection (d) and section 610, subsection (a) of this Article, shall be covered into the Casino Control Fund established pursuant to section 514(d) and (e) of this title.
(d) The Master Service Provider and licensees shall report to the Commission monthly all revenue categories received and generated pursuant to this Article.