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September 15th, 2015
'Media must do its part in Financial Services'- Gérard St. C. Farara QC

ROAD TOWN, Tortola, VI - One of the resource persons working with the Financial Services Implementation Unit, Gérard St C. Farara QC, said the media must do its part given the importance of the financial industry to the Virgin Islands.

January 30th, 2014
UN: Foreign Investment in Caribbean Tax Haven Dwarfs India and Brazil

By International Business Times

More foreign investment was pumped into the British Virgin Islands, a tax haven in the Caribbean, than some of the world's largest developing economies during 2013.

January 29th, 2014
ICIJ article brands VI as 'forbidden city'

ROAD TOWN, Tortola, VI – The International Consortium of Investigative Journalists (ICIJ) says the Virgin Islands (VI) stands near the top of the list of the world’s most secretive tax havens and that the Territory may have harboured some 40 percent of the world’s total offshore registered companies.

December 2nd, 2013
NDP signed only 3 TIEAs compared to VIP’s 22

ROAD TOWN, Tortola, VI- Despite their rhetoric and jet setting trips around the world, many Virgin Islanders and some in the Financial Services sector have said the ruling National Democratic Party government of Dr. the Honourable D. Orlando Smith has done little or nothing to protect our vital Financial Services industry.

September 12th, 2013
David Cameron confirms the BVI Is not a tax haven

ROAD TOWN, Tortola, VI- The [British] Virgin Islands (BVI) welcomes David Cameron’s statement to the House of Commons in which he commended the Overseas Territories and Crown Dependencies for the actions taken to ensure the highest standards of tax transparency and that it is no longer fair to refer to the BVI, and its peers, as ‘tax havens’.

September 5th, 2013
Bloomberg TV grills Premier Smith on venturing into Asian market

ROAD TOWN, Tortola, VI - Premier and Minister of Finance Dr the Honourable D. Orlando Smith was faced with the notion that the Virgin Islands (VI) is seeking to open an office in Hong Kong, Asia because Governments there are not as strict with tax issues as other countries, a notion Premier Smith vehemently denied.

August 30th, 2013
UPDATE: Premier Smith shocked at French blacklisting of VI

ROAD TOWN, Tortola, VI – Premier Dr The Hon. D. Orlando Smith has expressed shock at revelations in the media that France has blacklisted the Virgin Islands and placed it on a list of uncooperative tax havens.

June 4th, 2013
'Bermuda Is Not A Tax Haven,' Finance Minister Says

By Tom Bergin

LONDON- (Reuters) Bermuda is not to blame for companies such as Google using Bermudan subsidiaries to shelter billions of dollars from U.S. and European tax authorities, the territory's finance minister said on Monday.

May 20th, 2013
British PM Cameron makes personal plea to tax havens


LONDON - British Prime Minister David Cameron on Monday wrote to leaders of overseas tax havens, urging them to help the country's efforts to combat tax evasion and avoidance.

May 2nd, 2013
The BVI Data Leak (A Different Perspective)

By Kevin E. Malone

The recent leak of private information detailing individuals who have chosen to do business with companies based in the BVI is troubling at best. Troubling for the fact that it is both illegal and represents a violation of business ethics in the strongest possible terms. It is also, however, a lesson in economic policy that the BVI should pay attention to.


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