News
‘I don’t support notion that VI is a notorious tax haven’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier Dr The Honourable D. Orlando Smith has slapped down latest suggestions that the Virgin Islands shares a place along with Bermuda and the Cayman islands as the top three ‘notorious’ tax havens in the world.
'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.
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.
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.
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.
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’.
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.
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.
'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.
British PM Cameron makes personal plea to tax havens
NEWS ASIA
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.
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