BIR Reminds Taxpayers of Limited Amnesty Window for Delinquent Taxes Ahead of February Deadline
- Staff Consortium
- January 17, 2026
The V.I. Bureau of Internal Revenue is reminding taxpayers that time is running out to take advantage of a limited amnesty program that offers relief on certain outstanding tax liabilities, with the 90-day window set to close on February 17, 2026. According to the Bureau, the amnesty allows taxpayers with delinquent gross receipts taxes, as well as corporate and individual income taxes, to resolve outstanding obligations under specific terms that include the waiver of penalties. The program applies to all delinquent periods up to tax year 2023. Joel Lee, director of the BIR, said the amnesty is intended to provide taxpayers an opportunity to come into compliance while easing the financial burden associated with penalties. The program covers gross receipts tax liabilities through December 2023 and corporate and individual income tax liabilities through the 2023 tax year. For gross receipts taxes, taxpayers are required to pay the outstanding tax owed, after which both interest and pe...