News
USVI still on EU's blacklist as Bahamas, Belize, TCI removed
VI CONSORTIUM
CHARLOTTE AMALIE, St. Thomas, USVI - The European Union list of non-cooperative jurisdictions for tax purposes has shrunk to 12, after the Bahamas, Belize, Seychelles, and the Turks and Caicos Islands were recently removed from what is commonly known as the EU blacklist.
Valentine’s gift? EU lists VI as a non-cooperative tax jurisdiction
ROAD TOWN, Tortola, VI- Following a meeting of the Council of the European Union (EU) on Valentine’s Day, today, February 14, 2023, the [British] Virgin Islands (VI) has been added to the EU list of non-cooperative tax jurisdictions (Annex I).
Crown Dependencies reconsider public registers of beneficial ownership
ST PETER PORT, Guernsey- Following the November 2022 ruling of the European Union Court of Justice to strike down the European Union (EU) mandate for public registers of beneficial ownership of all companies, the governments of Guernsey, the Isle of Man and Jersey have jointly announced they are delaying the implementation of legislation to implement full public access to registers of company beneficial ownership.
EU removes Bermuda; Adds Anguilla, Bahamas, Turks & Caicos to tax blacklist
BRUSSELS, Belgium- The European Union (EU) has added the Bahamas and the Turks and Caicos Islands to its tax haven blacklist and also put Anguilla back on as a "non-cooperative jurisdiction" just a year after it was removed.
BVIEC receives €254K EU grant for business continuity support
ROAD TOWN, Tortola, VI - The British Virgin Islands Electricity Corporation (BVIEC), under the COVID-19 Resilience Response Facility of the Resilience, Sustainable Energy and Marine Biodiversity (RESEMBID) Programme, has been awarded a grant funding representing €245,481 (EUR) from the European Union (EU) to pursue the project 'BVIEC COVID-19 Business Continuity Support'.
C’Bean states have ‘legal leg’ against unfair EU Backlisting – Regional Economist
HAMILTON, Bermuda – British Caribbean Overseas Territory (OTs) and other regional countries may be able to take legal action against unfair black and greylisting by the European Union (EU) in a process rooted in double standards.
Persons still living in North Sound Com. Centre since 2017 storms- Hon Malone
DUFF’S BOTTOM, Tortola, VI- Some three and a half years after hurricanes Irma and Maria ravaged the Virgin Islands and displaced hundreds of persons, forcing them to live in shelters, some persons are yet to return to normal living conditions.
EU parliament shelves vote on Brexit deal after UK PM ‘violates’ agreement
LONDON, UK- The Virgin Islands and other Overseas Territories are not the only ones who have found they are unable to trust the United Kingdom (UK) government of Alexander Boris de Pfeffel Johnson ‘aka ‘Boris’.
European Parliament wants VI back on EU tax haven blacklist
STRASBOURG, France – Members of the European Parliament (MEPs) based in Strasbourg, France will vote to add British Overseas Territories (OTs), including the [British] Virgin Islands (VI) to be added to European Union (EU) tax haven blacklist after the conclusion of the Brexit deal.
BREXIT impacts on VI trade & travel starts Jan 1, 2021- Premier Fahie
ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R1), has warned of the implications of BREXIT on the territory, which takes effect from today January 1, 2021.