US VIRGIN ISLANDS – INTERNATIONAL TAX LAW
MARJORIE RAWLS ROBERTS, P.C.
Marjorie Rawls Roberts, P.C. is a US Virgin Islands firm that specialises in the areas of tax law, investment law, trusts and estate planning, and general business law. Marjorie Rawls Roberts, P.C. was established in 1999 to focus on the tax and business issues facing individuals and entities doing business in the US Virgin Islands. The firm provides an array of services in the area of tax law, including US Virgin Islands, international, US, and Caribbean tax planning, representation before the Virgin Islands Bureau of Internal Revenue and the Internal Revenue Service, estate planning, and the establishment and operation of US Virgin Islands exempt international insurers and exempt companies. The firm also represents clients seeking to take advantage of the US Virgin Islands economic incentive programs, including the Economic Development Commission program, the University of the Virgin Islands Research and Technology Park program, the Enterprise Zone Commission Tax Incentive program, the Hotel Development Act, Tax Increment Financing, and incentives for Music and the Arts. Ms Roberts particularly enjoys introducing individuals and businesses to the unique incentives offered by the US Virgin Islands to businesses that will expand the territory’s economic base and permit individuals, especially US citizens and permanent residents, to receive tax credits against their income tax for income from qualifying activities. Participating businesses and their US Virgin Islands resident owners can receive income tax credits equal to 90 percent of the otherwise applicable income tax as well as exemptions from US Virgin Islands gross receipts tax and property tax on property used in the qualifying business. At the same time, the businesses and their owners are under the US flag, with FDIC insured banks that are not foreign banks for FBAR purposes, Federal Courts that form part of the Third Circuit Court of Appeals along with Pennsylvania, New Jersey, and Delaware, and the protections of US bilateral investment treaties, among other benefits. Before establishing her firm, Ms Roberts was in private practice in London and Washington, DC with the law firm of Gibson, Dunn & Crutcher (1981-1985), served as an attorney-advisor in the US Treasury Department’s Office of Tax Policy in Washington, DC (1985-1988), was Chief Counsel to the US Virgin Islands Bureau of Internal Revenue (1988-1995), and was General Counsel, Vice President, and Director for Globalvest Management Company, LP, a St. Thomas-based investment company managing approximately $1 billion in investments in Latin America and Russia through offshore funds (19951999). She holds law degrees from Harvard University (J.D. 1980), Cambridge University (LL.B. 1981), and New York University (LLM in Tax 2016).
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Marjorie Rawls Roberts Partner jorie@mrrvilaw.com One Hibiscus Alley 5093 Dronningens Gade, Ste. 1 St. Thomas, VI 00802 Tel: +340-776-7235 Fax: +340-776-7951 Cell: +340-690-1688 www.mrrvilaw.com