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British Virgin Islands News




UK, Netherlands Biggest 'Conduits' For Offshore Investment

by Amanda Banks, Tax-News.com, London

Wednesday, July 26, 2017

Researchers at the University of Amsterdam have looked at how corporations make use of particular countries and jurisdictions to minimize their tax liabilities. Read Full Story

 


IMF Reports On CARICOM Tax Reform Efforts

by Mike Godfrey, Tax-News.com, Washington

Thursday, April 6, 2017

Caribbean Community member states have benefitted from the introduction of value-added taxes, but more reform is needed, says a new paper from the International Monetary Fund. Read Full Story

 


Switzerland Consults On Implementation Of AEOI Agreements

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 29, 2016

The Swiss Federal Department of Finance has launched a consultation on the introduction of the automatic exchange of information in tax matters with a series of other countries. Read Full Story

 


Pakistan Targeting Panama, Bahamas Leaks Taxpayers

by Mary Swire, Tax-News.com, Hong Kong

Thursday, October 20, 2016

Pakistan's Finance Minister, Mohammad Ishaq Dar, has directed the Federal Board of Revenue to approach the tax authorities of nine territories about information in the Panama and Bahamas leaks. Read Full Story

 


ATO Launches New Campaign Against Tax Evaders

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, December 9, 2015

As part of a crackdown on tax evasion, the Australian Taxation Office has confirmed that it has visited seven adviser firms linked to offshore arrangements and contacted more than 100 parents who paid school fees from overseas bank accounts. Read Full Story

 


OECD Releases New Tax Information Exchange Ratings

by Mike Godfrey, Tax-News.com, Washington

Tuesday, August 11, 2015

The OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes has published new peer review reports for 12 jurisdictions on the implementation of its global standards on transparency and the exchange of information in tax matters. Read Full Story

 


BVI Financial Services Industry To Take New Direction

by Mike Godfrey, Tax-News.com, Washington

Monday, April 27, 2015

The British Virgin Islands Government has received a report that it commissioned on finding a new direction for the financial services industry, the recommendations from which will now be implemented. Read Full Story

 


BVI Updates FATCA Reporting Guidance

by Mike Godfrey, Tax-News.com, Washington

Wednesday, April 1, 2015

The British Virgin Islands has published revised guidance notes on the international tax compliance requirements under its intergovernmental agreements with the United States and the United Kingdom. Read Full Story

 


Few Changes In British Virgin Islands' 2015 Budget

by Mike Godfrey, Tax-News.com, Washington

Friday, December 19, 2014

The Government of the British Virgin Islands has announced a number of measures in the 2015 Budget to expand the territory's revenue base. Read Full Story

 


US MNCs 'Pay Over 27 Percent Tax On Foreign Income'

by Mike Godfrey, Tax-News.com, Washington

Wednesday, May 21, 2014

A study by the Tax Foundation has found that, "while it is undoubtedly true that United States multinational companies use numerous tax planning techniques to minimize the taxes they pay on their foreign earnings," Internal Revenue Service data shows that the effective tax rate on their foreign income was 27.2 percent in 2010. Read Full Story

 

 

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