111 results found

On 18 February 2020, EU Finance Ministers updated the EU list of non-cooperative tax jurisdictions, upgrading the British Virgin Islands to whitelist status

The BVI Government on 6 March 2014 initialled a "Model 1 intergovernmental agreement" with the government of the USA with respect to FATCA provisions.

Qualifying Recognised Overseas Pension Schemes enable individuals who have left the UK to transfer their UK pension benefits into a more flexible and often lower tax regime.

The British Virgin Islands Government recently announced the extension of the 2017 deadlines for notification and reporting obligations under the Common Reporting Standard, or CRS.

The BVI International Tax Authority has recently announced deadline extensions for filing requirements.

The British Virgin Islands International Tax Authority ("ITA") released guidance notes for the Common Reporting Standard ("CRS").

Quite unexpectedly, the Panama Papers was raised at a recent society event I attended in Zimbabwe, and while the popular press has permeated even to the most unexpected areas – often without an...

The British Virgin Islands will implement its new beneficial ownership reporting regime on July 1, 2017, by virtue of the recently passed BOSSs Act, 2017, (BOSSs), which comes into force on June 30, 2017.

2016 was the year of Donald Trump, Brexit and extensive overtime for celebrity obituary writers.

The Economic Substance (Companies and Limited Partnerships) Act, 2018 (the "Act") was passed on 1 January 2019, introducing economic substance requirements...

Reporting FIs will be required to enrol with BVIFARS the first time they wish to access the system and this enrolment application will need to be approved by the ITA before access is granted.

On 8 April 2025, the British Virgin Islands International Tax Authority ("ITA") updated the user guide to the British Virgin Islands ("BVI") Financial Account Reporting System ("FARS")...

The deadlines for BVI RFIs to enrol with, and report to, the BVI International Tax Authority (the "BVI Tax Authority") have been extended.

The British Virgin Islands International Tax Authority (ITA) published the Rules on Economic Substance in the British Virgin Islands (Rules) on 9 October 2019.

In this article, which was first published on Lexis(r)PSL Corporate Crime, Partner Ross Munro discusses the relevance of the EU tax haven blacklist.

On 20 February 2024, the EU Council removed the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from its list of non-cooperative tax jurisdictions...

Recent amendments to the BVI's guidance notes issued in connection with economic substance, as contained within the Rules in Economic Substance in the British Virgin Islands...

The BVI has passed legislation to implement the Organisation for Economic Co-Operating and Development (OECD) Common Reporting Standard for the exchange of tax information (CRS).