This article by William L. Blum, Esq. discusses the United States Virgin Islands exempt company, a corporate entity that enjoys the non-tax advantages of incorporation in a U.S. jurisdiction without federal or local income tax. It covers the historical, policy, and legislative background of the exempt company provisions, their technical application, and their practical use as a tax planning mechanism for non-U.S. owners.
documents/EFTA01206770.pdf
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