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  • Article

    Update To The BVI's Mutual Legal Assistance (Tax Matters) Act 2003

    The Order is effectively subsidiary legislation to the BVI's Mutual Legal Assistance (Tax Matters) Act 2003 (the MLAT). The Order was made on 20 March 2024 and was Gazetted and came into force on 28 March 2024.
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    US And UK FATCA – British Virgin Islands Self-Certification On Account Holders

    The International Tax Authority (ITA) of the British Virgin Islands has released templates for Individual and Entity Self-Certification Forms under US and UK FATCA. Copies can be found on the BVI Government's website.
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    An Offshore Perspective: The English Commercial Court's Decision In The SKAT "Cum-Ex" Case And Dicey Rule 3

    In April this year, Mr Justice Baker of the English Commercial Court dismissed proceedings brought by the Danish national tax authority (SKAT) against over 100 defendants...
    WorldwideTax
    Harneys
    Harneys
  • Article

    Portal For BVI FATCA Reporting Launched

    The British Virgin Islands International Tax Authority has launched its BVI Financial Account Reporting System.
    British Virgin IslandsFinance and Banking
    Harneys
    Harneys
  • Article

    The BVI Moves Towards Attaining Category 1 Registration Status

    The British Virgin Islands (BVI) is currently a tax neutral Category 2 Red Ensign port of British Registry operating under the authority of the Merchant Shipping Act, 2001.
    British Virgin IslandsTransport
    Harneys
    Harneys
  • Article

    BVI Releases Guidance Notes On CRS Requirements

    The BVI has released guidance notes on the requirements of the Common Reporting Standards (CRS) as implemented in the British Virgin Islands.
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    A Consolidation Of The BVI Mutual Legal Assistance (Tax Matters) Act, 2003

    This guide presents a consolidation of the British Virgin Islands Mutual Legal Assistance (Tax Matters) Act, 2003.
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    BVI's Legal And Regulatory Framework On Tax Transparency Highly Rated By The OECD

    Partner John Gosling discusses the recent OECD rating on BVI's Tax Transparency.
    British Virgin IslandsTax
    Walkers
    Walkers
  • Article

    BVI Invites Consultation On OECD Pillar 2 Implementation

    Analyse existing data to categorise entities, assessing tax issues and compliance burdens in the BVI.
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    BVI ITA Releases Economic Substance Rules

    The International Tax Authority (ITA) in the British Virgin Islands (BVI) has now released the Rules on Economic Substance (the Rules) which provides guidance on the interpretation
    British Virgin IslandsTax
    O'Neal Webster
    O'Neal Webster
  • Article

    BVI Updates Economic Substance Rules To Account For UAE Corporate Tax Regime

    The British Virgin Islands' International Tax Authority (ITA) issued, on 2 April, a new Version 4 of its Rules on Economic Substance (ES), which replaces the previous version from February 2023...
    British Virgin IslandsTax
    The Sovereign Group
    The Sovereign Group
  • Article

    BVIFARS Reopened And Updated CRS Reportable Jurisdictions List Published

    The BVI International Tax Authority ("ITA") has confirmed that the British Virgin Islands Financial Account Reporting System ("BVIFARS") has now been reopened following closures due to hurricanes Irma and Maria and is accepting both Common Reporting Standard ("CRS") and US Foreign Account Tax Compliance Act ("FATCA") filings
    British Virgin IslandsTax
    Maples Group
    Maples Group
  • Article

    Mandatory Annual Fee And Reporting Procedures For FATCA, CRS, And CbCr In The BVI

    On 6 December 2023, The BVI International Tax Authority (ITA) announced that the BVI Financial Accounting Reporting System (BVIFARS) payment portal will go live in January 2024...
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    BVI Publishes Its List Of Reportable Jurisdictions

    On 11 May 2017, the British Virgin Islands (BVI) published its list of Reportable Jurisdictions for the Common Reporting Standards (CRS).
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    Amendments To The Cyprus Income Tax Law: IP Box

    On 14 October 2016 the Cyprus Income Tax Law (ITL) was amended, effective as from 1 July 2016, introducing a new IP box regime.
    British Virgin IslandsIntellectual Property
    Harneys
    Harneys
  • Article

    BVI And Cayman Removed From Italy's Tax Blacklist

    On 1 April 2015 the British Virgin Islands (BVI), Cayman Islands and 19 other jurisdictions were removed from Italy's blacklist of jurisdictions.
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    BVI Issues Updated FATCA Guidance Notes

    The International Tax Authority (ITA) of the British Virgin Islands has today announced the issue of Version 2.0 of the Guidance Notes on the International Tax Compliance Requirements...
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    BVI Joins EU Whitelist

    On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands (BVI) has moved to the ...
    British Virgin IslandsTax
    Appleby
    Appleby
  • Article

    BVI Signs Tax Information Exchange Agreement With Poland

    The British Virgin Islands’ government entered into its twenty-fifth tax information exchange agreement with the Republic of Poland on 29 November 2013.
    British Virgin IslandsTax
    Harneys
    Harneys
  • Article

    British Virgin Islands Reinstated To EU's List Of Cooperative Jurisdictions For Tax Purposes

    We are pleased to announce that following a meeting of the European Union's Economic and Financial Affairs Council on October 17, 2023, the British Virgin Islands (BVI)...
    European UnionTax
    O'Neal Webster
    O'Neal Webster

Showing 21–40 of 172 results

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