Virgin Islands Law Blog

"U.S. Virgin Islands law & politics."

Author: Tom Bolt & Associates is a law firm in St. Thomas. Tom Bolt focuses his practice on real estate, real estate development, civil litigation, business, corporate, labor and employment law, government relations and lobbying.

Recent Posts from Virgin Islands Law Blog

ICANN and U.S. Department of Commerce Sign New "Affirmation of Commitments"
The Internet Corporation for Assigned Names and Numbers (ICANN) and the U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA) announced today that it has reached an agreement that establishes a long-lasting framework for…
IRS Scrutizes Offshore Hedge Fund Lending
The Internal Revenue Service has released an internal memorandum indicating that it will give close audit scrutiny to offshore hedge funds that engage in lending activities with U.S. residents. A number of hedge funds have…
Changes to Required Minimum Distribution Rules Impact Virgin Islanders
Retired? Over 70½? It may be time to see your tax advisor about September 2009 changes to the Required Minimum Distribution rules. The Internal Revenue Service in Notice 2009-82 just announced guidance relating to the…
American Bar Association Reelects Virgin Islands Attorney
Tom Bolt, Managing Attorney of Tom Bolt & Associates, P.C., a St. Thomas business law firm, was reelected in August by the general membership of the American Bar Association as an At Large Delegate to…
Obama Administration Announces $20.2 M in Housing Funds for Virgin Islands
As part of the Obama Administration's effort to create jobs and ease pressures on the housing market, the U.S. Department of the Treasury today announced $20.2 million in American Recovery and Reinvestment Act (ARRA) funding…
Territory's National Banks Subject to Virgin Islands Law
On June 29, 2009, the United States Supreme Court decided Cuomo v. Clearing House Association which invalidated, by a vote of 5 to 4, a regulation issued by the Comptroller of the Currency that broadly…
Habitat Virgin Islands Dedicates First Home
Even in the sweltering Sunday morning heat, a cool breeze blew through the eight open windows of the living room at No. 4 Adele Gade, rustling the trees in the garden and fanning the sweaty…
TBA Attorney Proposes "Taxicab Riders Bill of Rights"
Tom Bolt, Managing Attorney of Tom Bolt & Associates, P.C., and General Counsel for the USVI Hotel & Tourism Association, during the General Meeting of the Association on Wednesday at the Emerald Beach Hotel proposed…
Governor Sets Dates for 2006 Property Tax Payments and Appeals
Governor John P. deJongh, Jr. has signed an Executive Order which sets the dates for payment, delinquency, and appeal of 2006 U.S. Virgin Islands real property taxes. Governor deJongh's Executive Order states that the Tax…
VI Leaders Join Governor on Road to Family Economic Success
"The Road to Family Economic Success" was the call to action at Governor John P. de Jongh's Summit on Poverty and Economic Opportunity which was convened at the Carambola Resort on St. Croix on Friday,…