Virgin Island Property Valuation

AECOM International Development is assisting the U.S. Virgin Islands (USVI) in the court-ordered revaluation of all properties. We have revalued both commercial and residential property on the islands and have prepared a tax policy study for the government to project the impact of the full revaluation on USVI taxpayers. The AECOM International Development team is currently testing alternative methods for mitigating tax burden shifts and will provide a legal brief and draft law based on the recommended tax rates, depending on alternative revenue goals. Finally, the team will update the recommended tax rates to adjust for exemptions and other tax relief measures.