Stories that are tagged 'Virgin Islands'


BVI Says New Global Tax Rules Should Appreciate Offshore IFCs
Jason Gorringe, Tax-News.com, London__06 August, 2021
The British Virgin Islands Government has released a statement expressing concerns on the proposals being discussed by the OECD to establish modernized rules for the digitalized economy, including a minimum global corporate tax rate. Read Full Story

EU Council Agrees Tax Blacklist Changes
Jason Gorringe, Tax-News.com, London__23 February, 2021
Barbados has been removed from the European Union's list of non-cooperative jurisdictions and Dominica has been added. Read Full Story

BVI Rules Out New Taxes In 2021 Budget
Jason Gorringe, Tax-News.com, London__17 November, 2020
The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. Read Full Story

Cayman Islands, Oman Removed From EU Tax Blacklist
Ulrika Lomas, Tax-News.com, Brussels__13 January, 2021
On October 6, 2020, the EU announced that it has added Anguilla and Barbados to its list of non-cooperative jurisdictions for tax purposes and has removed the Cayman Islands and Oman. Read Full Story

BVI Reaffirms Tax Transparency Commitment
Mike Godfrey, Tax-News.com, Washington__29 September, 2020
The Government of the British Virgin Islands has reiterated its commitment to working toward establishing a publicly accessible register on the beneficial ownership of companies. Read Full Story

BVI To Launch FinTech 'Sandbox'
Mike Godfrey, Tax-News.com, Washington__21 August, 2020
The British Virgin Islands Financial Services Commission has announced that it will launch its new FinTech Regulatory "Sandbox" on August 31. Read Full Story

OECD Releases New Action 14 Peer Review Reports
Ulrika Lomas, Tax-News.com, Brussels__31 July, 2020
The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. Read Full Story

BVI Issues Statement On CRS Compliance Amid COVID-19
Mike Godfrey, Tax-News.com, Washington__15 May, 2020
The British Virgin Islands International Tax Authority has issued a statement on the due diligence obligations required of financial institutions in relation to the Common Reporting Standard. Read Full Story

Bill Would Exclude US Territories, Possessions From GILTI Regime
Mike Godfrey, Tax-News.com Washington__15 May, 2020
On May 4, 2020, a bill was introduced in the United States House of Representatives to limit the impact of the Global Intangible Low Tax Income regime on businesses based in US territories and possessions. Read Full Story

BVI Explains Economic Substance Requirements During COVID-19 Outbreak
Mike Godfrey, Tax-News.com, Washington__15 April, 2020
The British Virgin Islands' International Tax Authority has provided guidance on how companies can meet the economic substance rules during the coronavirus outbreak. Read Full Story



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