News Stories Tagged 'British Virgin Islands'
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Cayman Considering Legal Challenge To UK Beneficial Ownership Law
by Mary Swire, Lowtax.net, Hong Kong
14 June, 2018
Cayman Premier Alden McLaughlin met with lawyers in London on Monday to discuss the territory's constitutional relationship with the UK in light of UK legislation forcing the territory to set up a publicly accessible register on the beneficial ownership of legal entities.
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British OTs Must Introduce Public Beneficial Ownership Registers
by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The UK's 14 Overseas Territories must bring in publicly accessible registers concerning the beneficial ownership of legal entities or face having them imposed by the UK, following Royal Assent to the UK Sanctions and Anti-Money Laundering Act 2018 on May 23, 2018.
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BVI Planning Challenge To UK's Beneficial Ownership Law
by Mike Godfrey, Lowtax.net, Washington
04 June, 2018
The Premier of the British Virgin Islands, Orlando Smith, says his Government has appointed legal counsel to advise on a potential challenge to the UK's move to force its Overseas Territories to set up publicly accessible registers containing information on the beneficial ownership of legal entities.
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UK Overseas Territories Hope To Derail Beneficial Ownership Plans
by Jason Gorringe, Lowtax.net, London
03 May, 2018
The British Overseas Territories have condemned a UK Government proposal to compel the jurisdictions to publicly disclose the beneficial ownership of legal entities established in their territories.
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BVI Warns Of Beneficial Ownership Penalties
by Mike Godfrey, Lowtax.net, Washington
17 April, 2018
The British Virgin Islands' financial services promotion agency, BVI House Asia, recently held a seminar in Hong Kong to highlight the impact of the territory's new probate rules.
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BVI Authority Issues FATCA And CRS Reminder
by Mike Godfrey, Lowtax.net, Washington
14 February, 2018
The British Virgin Islands' International Tax Authority has reminded the territory's financial institutions that May 31 is the deadline for filing 2017 reports under the US Financial Account Tax Compliance Act and the OECD's Common Reporting Standard.
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BVI Sets Up Tribunal To Mediate In Insurance Disputes
by Mike Godfrey, Lowtax.net, Washington
16 January, 2018
The British Virgin Islands' Government has announced the creation of a new insurance claims tribunal.
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ECLAC Reinforces Need For 'Fair Tax' In LatAm, Caribbean
by Mike Godfrey, Lowtax.net, Washington
15 January, 2018
At a seminar to mark its 70th anniversary, the UN Economic Commission for Latin America and the Caribbean highlighted the importance of territories in the region to wholeheartedly adopting evolving tax transparency standards, given the reputational impact on their economies if they are found to be non-compliant.
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Guernsey Named Non-EU Captive Domicile Of The Year
by Jason Gorringe, Lowtax.net, London
18 October, 2017
Guernsey has been named best non-EU domicile at the recent European and UK Captive Awards held at Plaisterers' Hall, London.
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IMF Highlights Bank Derisking's Impact On Caribbean
by Mike Godfrey, Lowtax.net, Washington
03 October, 2017
Caribbean banks have lost important correspondent banking relationships as a result of international banks withdrawing from the region, according to a working paper recently released by the International Monetary Fund.
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