Tax Court to Revisit the Statute of Limitations Applicable to Those Claiming USVI Bona Fide Residency in Light of Tax Information Sharing Between the IRS and USVI

In Bona Fide Residency, Territory Tax, USVI by Jason Freeman1 Comment

On September 23, 2016, the Tax Court vacated its prior order (from July 2, 2013) in Coffey v. Commissioner, Docket No. 30676-09, denying summary judgment to a taxpayer who claimed to have been a bona fide resident of the USVI during 2003 and 2004 and who argued that the tax returns that she filed with the USVI’s Bureau of Internal …