Other Reports

Alignment of Corporate Tax Incentives to US Federal Tax Law

Interested in learning more about how RTPark’s corporate tax incentives are harmonized to US Federal law? Download the following documents:

• December 18, 2008 — DLA Piper Tax Opinion Letter
• April 9, 2008 — US Treasury Final Regulations on Source Income, (IRB 2008-20, T.D. 9391, Section 937)
• September 18, 2006 — US Treasury Interim Regulations on Source Income (IRB 2006-38, Notice 2006-76, T.D. 9391, Section 937)
• May 12, 2006 — RTPark’s Request to the US Treasury for clarification of source income guidance relating to e-commerce business models
• May 24, 2005 — Ballard Spahr Tax Opinion Letter
• Historical Perspective – Origins of USVI Tax Incentives and Federal Support

RTPark Testimony to USVI Senate Finance Committee

FY2012 Budget; No Appropriation Request

• July 27, 2011 – RTPark FY2012 Budget Testimony of Executive Director David Zumwalt

FY2011 Budget; $400 thousand Appropriation Request (actual allotment $190 thousand)

• August 24, 2010 – RTPark FY2011 Budget/Appropriation Testimony of Executive Director David Zumwalt

FY2010 Budget; $700 thousand Appropriation Request (actual allotment $612.5 thousand)

• July 16, 2009 — RTPark FY2009 Budget/Appropriation Testimony of Executive Director David Zumwalt
• July 16, 2009 — RTPark FY2009 Budget/Appropriation Testimony of UVI President LaVerne Ragster

FY2009 Budget; $1.4 million Appropriation Request (actual allotment $810 thousand)

• July 30, 2008 — RTPark FY2009 Budget/Appropriation Testimony of Executive Director David Zumwalt
• July 30, 2008 — RTPark FY2009 Budget/Appropriation Testimony of UVI President LaVerne Ragster

FY2008 Budget; No Appropriation Request

• August 3, 2007 — RTPark FY2008 Budget Testimony of Executive Director David Zumwalt

FY2007 Budget; $1.5 million Appropriation Request (actual allotment $1.425 million)

• July 24, 2006 — RTPark FY2007 Budget/Appropriation Testimony of Executive Director David Zumwalt
• July 24, 2006 — RTPark FY2007 Budget/Appropriation Testimony of UVI President LaVerne Ragster

Audited Financial Statements

Ernst & Young provides audit services to RTPark; our fiscal year ends September 30

• FY2011 — this is the current fiscal year
• FY2010 — audit is in progress
• FY2009 (including FY2008)
• FY2008 (including FY2007)
• FY2007 (including FY2006)
• FY2006 (including FY2005)
• For prior years (FY2002-FY2004), RTPark was reported as a component unit of the University of the Virgin Islands and included in UVI’s audited financial statements.  For more information please direct inquiries to UVI.