Virgin Islands News

Netherlands Announces Tax 'Blacklist'
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 7, 2019
On December 28, 2018, the Dutch Government published in the Official Gazette a list of 21 low-tax jurisdictions. Companies doing business in these territories will face new anti-avoidance measures, intended to tackle tax base erosion and profit shifting. Read Full Story

Netherlands Begins International Tax System Review
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 28, 2018
The Dutch Government has launched a consultation exercise on plans to review the country's tax treaty policy and to draw up a list of low-tax jurisdictions for the purposes of enforcing incoming controlled foreign company rules. Read Full Story

EU Removes Bahamas, Saint Kitts From Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Monday, June 4, 2018
The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions. Read Full Story

British Virgin Islands Budget Focuses On Financial Services' Future
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
The British Virgin Islands has maintained its low tax credentials with no new taxes announced in its 2018 Budget. Read Full Story

Caribbean States Appeal To EU Over Tax Blacklisting
by Mike Godfrey, Tax-News.com, Washington
Friday, March 23, 2018
The Organisation of Eastern Caribbean States, a grouping of 15 Caribbean territories, says it is working hard through its Brussels embassy to address EU concerns, which have led to a number of its members being included on a tax blacklist. Read Full Story

EU Announces Sanctions For 'Blacklisted' Countries
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, March 22, 2018
The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. Read Full Story

Sweden To Review Transactions With States On EU's Tax Black List
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, March 20, 2018
The Swedish Government has directed the tax agency to review transactions with jurisdictions placed on the European Union's black list of non-cooperative territories in the area of taxation. Read Full Story

EU Makes Changes To Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, March 14, 2018
The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three. Read Full Story

HMRC Details 2017 Prosecutions For Tax Crimes
by Jason Gorringe, Tax-News.com, London
Wednesday, January 3, 2018
HM Revenue and Customs, the UK's tax authority, has revealed details of its enforcement activities during 2017, including a round-up of the "top ten" cases it pursued. Read Full Story

IRS Offers Tax Relief To Puerto Rico
by Mike Godfrey, Tax-News.com, Washington
Friday, October 6, 2017
The United States is to provide tax relief to residents of Puerto Rico and the US Virgin Islands by extending the usual 14-day absence period to 117 days for the presence test for residency under the tax rules. Read Full Story
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