EFTA00300256.pdf

FORM 720 V.I. Print Form (REV. 03/2012) Government of the U. S. Virgin Islands Gross Receipts Monthly Tax Return BUREAU OF INTERNAL REVENUE (Use for filing receipts of more than $225.000 per year.) Employer Identification Number (EIN) Please Print or TAX MONTH Type Clearly 1 0 i Social Security Number (SSN) Indicate Firm Type: Accounting Method: 20 1 4 Sole Proprietor El CASH Partnership ACCRUAL EXEMPTION CODE H F21 V Corporation (SEE REVERSE ) I.) GROSS RECEIPTS I. 8,783,045.00 2.) (minus) EXEMPTION (ex. Standard SS:000 or 59.000. Fishermen. FCC lottery 2. commission:. affordable housing, reverse osmosis. etc. '8,783,045.00 J 3.) TAXABLE RECEIPTS (line I minus line?) 3. 0.00 4.) TAX DUE (multiply line 3 by the tame of 0.05 or 5%) 4. 0.00 5.) UP FRONT GROSS RECEIPTS TAX WITHHELD 5. 6.) ADJUSTED TAX DUE (line 4 minus lines) 6. 7.) PENALTY (if payment is late, multiply line 6 by .05 or 5% per month, but not to 7. exceed 25%) 8.) INTEREST (if payment is late, multiply line 6 by .01 off% per month) & 9.) (minus) CREDITS (overpayments) 9. 10.) TOTAL AMOUNT DUE (add line 6, 7.8 minus line 9) 10. 0.00 Name Southern Trust Company, Inc. 11 ) Indicate Principal Business Activity Code: H 4 I H pg. r(1) D/B/A (SEE REVERSE ) 12.) Telephone Number Mailing Address 6100 Red Hook Quarter 83 PLEASE REMIT BY DUE DATE TO: City State Zip Code BUREAU OF INTERNAL REVENUE St. Thomas V I 00802-1348 Sr. THOMAS, U.S.V.I. 00802 St CROIX, U.S.V.I. 00820 I DECLARE UNDER PENALTY OF PERJURY THAT THIS RETURN HAS BEEN EXAMINED BY ME AND TO THE BEST OF MY KNOWLEDGE AND BELIEF IT IS TRUE, CORRECT AND COMPLETE, PURSUANT TO TITLE 33 VIC SECTIONS 42 & 43. Print Name: Jeffrey Epstein Title: President (PRESIDENT, OWNER, ETC.) Signature: Date: 11/30/14 FORM 720V1 (3/2012) EFTA00300256 INSTRUCTIONS FOR TAXPAYERS-FORM 720 V.I. The Virgin Islands imposes a Gross Receipts Tax on total receipts from the conduct of business within the V. I., without reduction of any expenses whatsoever. The Gross Receipts tax rate is 50/0. If the Gross Receipts Tax was withheld by the V.I. Government, please remember to include the amount withheld. Businesses with yearly Gross Receipts of less than $225,000 pay a tax of 50/0 on receipts in excess of $9,000 each month. Businesses with Gross Receipts of more than $225,000 annually must file monthly returns on form 720 V. I. Businesses with Gross Receipts of $225,000 or less should file an annual return using Form 720B For a Gross Receipts monthly return to be considered timely, it should be postmarked or submitted to the VIBIR within 30 calendar days following the last day of the calendar month concerned If a sole proprietor owns or operates more than one business or company, he must file a consolidated Gross Receipts Tax Return. If you are not liable for taxes for the indicated period, please enter "0" or "NONE" in the space provided for the "TOTAL AMOUNT DUE" and file the return by the due date. Penalty for late payment is incurred at a rate of 5% per month not to exceed a maximum of 5 months or 25%. Interest for late payment is incurred at a rate of 1% per month. Agriculture, Forestry, and Fishing Codes INSTRUCTIONS FOR TAXPAYERS-FORM 720 V.I. (select only one and enter on front of form) Transportation, Communication, Electric, Gas, and Sanitary Services Cedes Finance, Insurance, and Real Estate Codes 111000 Crops (including vegetables 522110 Commercial Banking & fruits) 221100 utilities 522130 Credit Unions 112000 Animal 481000 Air Transportation 522310 Mortgage & Non-mortgage Loan Brokers 111998 Other Agricultural Services 483000 Water Transportation 523110 Investment Banking & Securities Dealing 112900 Animal Production 483111 Deep Sea Freight Transportation 523120 Security and Commodity 114000 Fishing, Hunting and Trapping 484110 Trucking Brokers, Dealers Exchange 541940 Veterinary Services 485111 Passenger Transit and Services 561730 Landscaping & Horticultural 485310 Taxi Services 523900 Other Financial Investment Activities Services 488999 Other Transportation Services 524200 Agencies, Brokerages, & Other Insurance 488999 Passenger Transportation Related Activities Arrangements 524210 Insurance Agents, Broken & Construction Codes 493100 Warehousing & Storage Services 511100 Newspaper, Periodical, Book, & 236100 Residential Building Construction Directory Publishers 531110 Lessors of Residential Buildings 236200 Nonresidential Building Construction 517919 Communication 531120 Lessors of Non-Residential Buildings 237000 Heavy and Civil Engineering Construction 562000 Waste Management Services 531210 Real Estate Agents, Brokers & Managers Special trade contractors: 531390 Other Activities Related to Real Estate 238110 238140 238160 238170 Concrete work Masonry Roofing Contractors Siding Contractors Trade Codes 425100 Wholesale Trade Agents & Brokers Service Cedes 238210 Electrical & Other Wiring Contractors Retail trade: 512131 Motion Picture Theaters 238120 Painting, Paperhanging, and 4411000 Automotive Dealers 532111 Passenger Car Rental Decorating 442000 Furniture Stores 532230 Video Tape & Disc Rental 238320 Painting & Wall Covering Contractors 443000 Electronics & Appliance Stores 541100 Legal services 238310 Drywall & Insulation Construction 444000 Building Materials, Hardware, 541200 Accounting, Tax Prep, Bookkeeping & 238330 Carpentering and Flooring Garden Supplies Payroll Services 238330 Flooring Contractors 445000 Food & Beverage Stores 541211 Certified Public Accountants 238340 Tile & Terrazzo Construction 445100 Grocery Stores 541610 Management Consulting Services 238350 Finish Carpentry Contractors 447000 Gasoline Service Station 561410 Personal Services 238990 All Other Specialty Trade Contractors 448000 Apparel & Accessory Stores 561500 Travel Arrangement & Reservation Services 423720 Plumbing and Air Conditioning 452000 General Merchandise 611000 Educational Services 453000 Miscellaneous Retail stores 611690 All Schools and Instructions 621000 Ambulatory Health Care Services Manufacturing Codes 621112 Medical & Health Services 624410 Child Day Care 311000 Food 713200 Gambling Industries 315000 Apparel 713990 Amusement and Recreational 316000 Leather & Leather Products Services 323100 Printing & Related Support Activitir, EXEMPTION CODES 721110 Hotel & Other Lodging Places 323119 Printing & Publishing 01 STANDARD OS FRANCHISE BUS OPERATOR 722000 Food Services & Drinking Places 325000 Chemicals Manufacturing 02 EDC 06 REVERSE OSMOSIS (50%) 811000 Repair & Maintenance 337000 Furniture & Fixtures 03 LOTTERY 07 EXEMPT INSURERS 811100 Automotive Repair & Maintenance 339999 Other 04 AFFORDABLE 08 CERTAIN FEDERALLY FUNDED 811219 Electronic Repair & Maintenance HOUSING PROJECTS 812000 Personal & Laundry Services 09 ENTERPRISE ZONE 813900 Business, Professional, Labor, Political, and and Similar Services EFTA00300257