How much exactly did Jeffrey Epstein pay in property taxes for the islands

Checked on December 4, 2025
Disclaimer: Factually can make mistakes. Please verify important information or breaking news. Learn more.

Executive summary

Public reporting does not provide a simple line-item showing exactly how much Jeffrey Epstein paid in property taxes specifically for his two U.S. Virgin Islands islands; available sources describe large settlements, returned tax breaks and negotiated payments to the U.S. Virgin Islands rather than an annual property‑tax total for Little St. James and Great St. James [1] [2] [3]. The estate agreed in 2022 to pay the U.S. Virgin Islands government $105 million and to return “more than $80 million” in tax benefits as part of that settlement [1] [2].

1. What the record shows: settlements and returned tax benefits, not a property‑tax bill

Reporting documents a 2022 agreement between Epstein’s estate and the U.S. Virgin Islands in which the estate paid $105 million in cash and agreed to return more than $80 million in tax benefits obtained over the years — the reporting frames these as repayments of tax breaks rather than traditional annual property‑tax payments you would see on a municipal bill [1] [2].

2. Why “property taxes” is a misleading shorthand in this case

Multiple outlets describe the government recovery as repayment of tax breaks and a settlement tied to litigation, not the regular ad‑valorem property taxes a homeowner pays each year. Forbes notes the settlement included returning more than $80 million in tax benefits and an overall $105 million cash payment, indicating the dispute centered on preferential tax treatment and incentives rather than on simple unpaid property‑tax ledgers [1].

3. How reporting quantifies the sums involved

The headline numbers recurring across coverage are the $105 million settlement payment to the U.S. Virgin Islands and the “more than $80 million” in tax benefits the estate agreed to return; those are the clearest, sourced dollar amounts tied to Epstein’s islands and tax issues in the available reporting [1] [2]. The New York Times and other outlets also report the estate’s larger tax refund from the IRS — about $111–112 million — which affected the estate’s overall asset totals but is separate from the USVI settlement [3] [1].

4. Limitations in the public record and what’s not stated

Available sources do not publish an itemized annual property‑tax history for Little St. James or Great St. James (not found in current reporting). The coverage situates the dispute in the context of negotiated tax breaks, environmental claims and settlement talks; it does not quote a city or territory parcel tax ledger showing “Epstein paid $X in property taxes in year Y” [1] [2].

5. Competing framings in the sources — enforcement vs. incentive

U.S. Virgin Islands officials and plaintiffs framed the issue as the estate receiving illicit or improper tax benefits that needed repayment; reporting emphasizes negotiated restitution and policy failures that allowed those breaks [1] [2]. Other strands of coverage focus on the estate’s broader finances — including large IRS refunds and distributions to victims — which complicate any simple accounting that attributes a single number to “property taxes for the islands” [3] [1].

6. Why advocates pushed for large sums, and the political context

The U.S. Virgin Islands pursued the settlement to recoup tax incentives it says Epstein’s companies used, and to secure funds for victims and territorial needs; House Oversight Democrats later released photos and renewed scrutiny on island dealings, showing continuing political and public interest in how Epstein obtained and used local tax treatment [2] [4]. That political interest drives demand for transparency beyond the settlement totals.

7. What you can reasonably conclude from current reporting

You can say with confidence that Epstein’s estate reached a 2022 settlement with the U.S. Virgin Islands that involved a $105 million cash payment and the repayment of more than $80 million in tax benefits — but you cannot, from the cited coverage, produce an exact line‑by‑line total of annual property‑tax payments for the islands themselves because those figures are not reported [1] [2].

8. Where to look next if you want exact annual tax bills

To get an itemized historic property‑tax record, seek public parcel and tax assessments from the U.S. Virgin Islands’ territorial tax assessor or parcels/land records for Little St. James and Great St. James; the current reporting does not include those documents (not found in current reporting). News outlets have relied on settlement filings and public statements rather than publishing raw tax ledgers [1] [2].

Want to dive deeper?
What were the assessed values of Jeffrey Epstein's islands in each tax jurisdiction?
Which tax years did Jeffrey Epstein pay property taxes on Little Saint James and Great Saint James?
Did any tax liens or disputes exist regarding Epstein's island properties?
How do property tax rates and exemptions apply in the U.S. Virgin Islands for private islands?
Were Epstein's island properties owned through shell companies and how did that affect reported tax payments?