Welcome to TaxView with Chris Moss CPA. Did you know you can Section 1031 to the US Virgin Islands? Now wait just a minute you say. IRS Code Section 1031 allows us to defer income tax on gains of our investment property sales, perhaps in many cases, forever, but the relinquished property and the replacement …
Category: US Virgin Islands
Feb 12
Bona Fide Resident US Virgin Islands
Welcome to TaxView with Chris Moss CPA Are you the adventuresome family that wants to make a lot of money and pay no tax? No this isn’t a scam or bogus advertisement, but a realistic assessment of US tax law focused on relocating your business to the Virgin Islands; Specifically the US Virgin Islands, (the …