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Nevis Government Outlines Forthcoming Events

by Amanda Banks, Tax-News.com, London

26 July 2004

Following the jurisdiction's participation in many international events over the past year, the most recent being the OECD Global Forum meeting held in Berlin last month, the Nevis Island Administration has outlined its agenda for the coming months.

In order to celebrate 20 years in the international financial services industry, a week of activities is set to take place from 23-27 August 2004. The range of activities will include a financial services awareness event, and an award ceremony to honour persons and companies for their longstanding contribution to the development of the financial services sector in Nevis. Additionally, a second two-day international financial services conference is slated to take place from the 26-27 August 2004.

Following that, the Development and Marketing Department of the Ministry of Finance and Development revealed, the Asia Pacific Offshore Institute (APOI) will hold a Road Show From 14-15 September 2004 and then a Conference from the 16-17 September 2004 at the Inter-continental Pudong, Shangai, China, in which Nevis will participate.

Distinguished speakers will reportedly talk about the services of the securities industry and securities exchanges in major offshore jurisdictions, tools for financing debt, investment from Asia into Europe and the USA and the use of offshore structures, and updates will also be given on applications of double tax treaties, on new jurisdictions and new tools, and on tax and asset planning.

The Department additionally announced that preliminary plans are being made by the Nevis Island Administration to hold a road show in Geneva in conjunction with the Dixcart Group and the Society of Trust and Estate Practitioners (STEP) during the first week of November 2004.

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