News Stories Tagged 'Turks and Caicos Islands'
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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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Firms In Turks And Caicos Must Renew Licenses
by Mike Godfrey, Lowtax.net, Washington
13 March, 2018
The Turks and Caicos Revenue Department has advised that businesses are now able to renew their licenses for the 2018/19 year, by April 30, 2018.
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TCI Announces Work Permit Crackdown
by Mike Godfrey, Lowtax.net, Washington
23 January, 2018
The Turks and Caicos Islands' Ministry of Border Control and Employment has issued a directive advising that migrant work permits designated as "Final Work Permits" will no longer be eligible for renewal.
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Turks And Caicos Extends Import Duty Relief After Hurricane
by Mike Godfrey, Lowtax.net, Washington
22 January, 2018
The Turks and Caicos Islands' Premier, Sharlene Robinson, has announced the final extension of an import duty exemption allowing Hurricane-affected individuals to import certain replacement household goods and building materials duty-free.
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Turks And Caicos Gearing Up For Money Laundering Review
by Mike Godfrey, Lowtax.net, Washington
28 December, 2017
The Turks and Caicos Islands' Financial Services Commission has reminded licensees of the upcoming evaluation of the territory's anti-money laundering and countering the financing of terrorism regime.
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European Regulators Issue AML/CTF Guidance
by Jason Gorringe, Lowtax.net, London
11 December, 2017
The European Union recently issued anti-money laundering and countering the financing of terrorism guidance for credit and financial institutions.
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Turks And Caicos Review Flags Up Money Laundering Risks
by Mike Godfrey, Lowtax.net, Washington
09 November, 2017
The Turks and Caicos Islands has published the results of its first money laundering and terrorist financing national risk assessment, spanning the period from October 2014 to August 2017.
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TCI Offers Hurricane-Hit Taxpayers Tax Relief
by Mike Godfrey, Lowtax.net, Washington
07 November, 2017
The Turks and Caicos Islands' Premier, Sharlene Robinson, has signed a customs order allowing Hurricane-affected individuals to apply for an exemption from import duty on certain replacement household goods.
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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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TCI Hotel and Restaurant Tax Changes Made
by Mike Godfrey, Lowtax.net, Washington
18 August, 2017
The Turks and Caicos Islands' parliament has approved an ordinance, which regulates taxes on hotels and imposes record-keeping requirements on hotels and restaurants.
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