Private Client International Comparative Legal Guide 2014: BVI

1 PRE-ENTRY TAX PLANNING

1.1 In the British Virgin Islands, what pre-entry estate and gift tax planning can be undertaken?

There are no estate or gift taxes in the British Virgin Islands.

1.2 In the British Virgin Islands, what pre-entry income tax planning can be undertaken?

There is no income tax in the British Virgin Islands.

1.3 In the British Virgin Islands, can pre-entry planning be undertaken for any other taxes?

There are no other relevant taxes.

2 CONNECTION FACTORS

2.1 To what extent is domicile relevant in determining liability to taxation in the British Virgin Islands?

There is no direct taxation in the British Virgin Islands.

2.2 If domicile is relevant, how is it defined for taxation purposes?