Virgin Islands News - Business, Taxation & Offshore

BVI Says New Global Tax Rules Should Appreciate Offshore IFCs
by Jason Gorringe, Tax-News.com, London
Friday, August 6, 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

BVI Rules Out New Taxes In 2021 Budget
by Jason Gorringe, Tax-News.com, London
Tuesday, November 17, 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
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 13, 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

OECD Releases New Action 14 Peer Review Reports
by Ulrika Lomas, Tax-News.com, Brussels
Friday, July 31, 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

Bill Would Exclude US Territories, Possessions From GILTI Regime
by Mike Godfrey, Tax-News.com Washington
Friday, May 15, 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

EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 20, 2020
The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. Read Full Story
- 09/01/2020 France Updates Tax Blacklist »
- 31/12/2019 Netherlands Adds To Tax Blacklist »
- 28/10/2019 BVI Issues Final Economic Substance Rules »
- 17/10/2019 Costa Rica Clarifies Amendments To Non-Cooperative Tax List »
- 11/10/2019 EU Updates Tax Blacklist »
- 08/10/2019 Netherlands Begins Consultation On Tax Blacklist »
- 10/09/2019 BVI, Seychelles To Automatically Exchange CbC Reports »
- 18/07/2019 OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions »
- 03/01/2019 Netherlands Announces Tax 'Blacklist' »
- 27/09/2018 Netherlands Begins International Tax System Review »
- 30/05/2018 EU Removes Bahamas, Saint Kitts From Tax Blacklist »
- 26/03/2018 Caribbean States Appeal To EU Over Tax Blacklisting »
- 26/03/2018 British Virgin Islands Budget Focuses On Financial Services' Future »
- 23/03/2018 EU Announces Sanctions For 'Blacklisted' Countries »
- 21/03/2018 Sweden To Review Transactions With States On EU's Tax Black List »
- 15/03/2018 EU Makes Changes To Tax Blacklist »
- 04/01/2018 HMRC Details 2017 Prosecutions For Tax Crimes »
- 09/10/2017 IRS Offers Tax Relief To Puerto Rico »
- 17/08/2017 Action Urged From UK Gov't On Property Sector Taxation »
- 27/07/2017 UK, Netherlands Biggest 'Conduits' For Offshore Investment »
- 07/04/2017 IMF Reports On CARICOM Tax Reform Efforts »
- 30/12/2016 Switzerland Consults On Implementation Of AEOI Agreements »
- 21/10/2016 Pakistan Targeting Panama, Bahamas Leaks Taxpayers »
- 12/02/2016 IRS Issues Revised Tax Guide For US Possessions »
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