ECONOMIC DEVELOPMENT COMMISION ANNUAL REPORT 
 
Fiscal/Calendar Year Ending __________________ 
Note: See Instructions regarding supporting appendixes, or documents to be submitted with EDC Annual Report                                   
 
 
Company Name:  __________________________________________________________________________________ 
 
Gross Sales (Ineligible Sales) & Eligible for Tax Benefits…………… ($____________________)  $________________________ 
Other Income (Ineligible) & Eligible for Tax Benefits………..………... ($____________________) $________________________ 
Gross Wages Paid in the V.I.  (Include vacation & sick pay, bonuses, overtime, etc.)……. $______________________________ 
Average No. of Employees; Full Time & (Part Time/Other)…………. ______________ (______________) 
     Average No. of Residents; Full Time & (Part Time/Other)……..... ______________ (______________) 
     Average No. of Non-Residents; Full Time & (Part Time/Other)…. ______________ (______________) 
Other Employee Costs (Unemployment & health insurance, pension, allowance, etc.)…...$______________________________ 
Employee Income Taxes Paid and Withheld…………………………………………………… $______________________________ 
 
TAXES AND DUTIES (Provide dollar amount paid, and value of exemption/refund for each tax) 
 
Gross Receipts:  
Amount Paid 
 
 
 
 
$_________________________________ 
 
 
 
Dollar Value of Exemption 
 
 
$_________________________________ 
Real Property Tax: 
Amount Paid 
 
 
 
 
$_________________________________ 
 
 
 
Dollar Value of Exemption 
 
 
$_________________________________ 
Excise Taxes: 
 
Total Paid 
 
 
 
 
$_________________________________ 
 
 
 
Dollar Value of Exemption/Refund 
 
$_________________________________ 
Income Taxes:  
Total Paid 
 
 
 
 
$_________________________________ 
 
 
 
Dollar Value of Exemption/Refund 
 
$_________________________________ 
Customs Duties: 
Total Paid 
 
 
 
 
$_________________________________ 
 
 
 
Dollar Value of Exemption/Refund 
 
$_________________________________ 
Other:  
 
Hotel room taxes paid 
 
 
 
$_________________________________ 
 
 
 
Other Taxes, Fee Paid to V.I. Government 
 
$_________________________________ 
TOTAL TAXES PAID: 
 
 
 
 
 
 
$_________________________________ 
TOTAL VALUE OF EXEMPTIONS AND OR REFUNDS: 
 
 
$_________________________________ 
 
EXPENDITURES FOR GOODS, SERVICES, PLANT & EQUIPMENT 
 
 
Eligible Suppliers 
 
V.I. Suppliers 
 
Non-Local 
             Totals 
 
Goods and Services:          
Raw materials, components   ___________________     ___________________     ___________________   ___________________  
Food, beverage  
     ___________________     ___________________     ___________________   ___________________  
Freight Charges  
     ___________________     ___________________     ___________________   ___________________  
Insurance 
 
     ___________________     ___________________     ___________________   ___________________  
Legal / Accounting 
     ___________________     ___________________     ___________________   ___________________  
Advertising / Promotion 
     ___________________     ___________________     ___________________   ___________________ 
Utilities (tel., water, elect. etc.)   ___________________     ___________________     ___________________   ___________________  
Interest & Other Bank Chg.    ___________________     ___________________     ___________________   ___________________  
Supplies  
 
     ___________________     ___________________     ___________________   ___________________  
Repairs/Maintenance 
     ___________________     ___________________     ___________________   ___________________  
Other (List Separately) 
     ___________________     ___________________     ___________________   ___________________  
Subtotal, Goods and Svcs:   ___________________     ___________________     ___________________  ___________________ 
Capital Expenditures: 
Building & Improvements      ___________________     ___________________     ___________________   ___________________ 
Leasehold Improvements      ___________________     ___________________     ___________________   ___________________ 
Machinery / Equipment 
     ___________________     ___________________     ___________________   ___________________ 
Furniture / Fixtures 
     ___________________     ___________________     ___________________   ___________________ 
Vehicles  
 
     ___________________     ___________________     ___________________   ___________________ 
Other (List Separately) 
     ___________________     ___________________     ___________________   ___________________ 
Subtotal, Capital Expend:     ___________________     ___________________     ___________________  ___________________ 
 
GRAND TOTALS 
     ___________________     ___________________     ___________________   ___________________ 
 
 
CUMULATIVE CAPITAL EXPENDITURE UNDER EDC CERTIFICATE  
______________________________ 
 
 
Name/Signature of Preparer:  ______________________________________   Date: _______________________________  
            
 
 
 
 
(Signature) 
  
       ______________________________________ Telephone Number:  (        ) _____________    
(Print Name)  
SIGN