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News

December 6th, 2017
EU blacklisted 17 countries including St Lucia, Trinidad, Barbados, Panama

ROAD TOWN, Tortola, VI- It appears that the big European Powers are at it again, trying to destabilise the economy of small island states, who are for the most part doing nothing illegal.

January 26th, 2017
President Trump’s nominee for Treasury Sec under fire over ‘tax haven’

ROAD TOWN, Tortola, VI- While the Virgin Islands is hoping that President Donald J. Trump’s (R) Administration is more friendly to the off shore financial sector, his nominee for the post of Treasury Secretary Mr Steven T. Mnuchin, the post equivalent to our Financial Secretary, came under fire during his confirmation hearing a few days ago on the issue of so called tax havens.

April 4th, 2016
Panama Papers: Mossack Fonseca leak reveals elite's tax havens

BBC NEWS

A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth.

June 1st, 2015
VI played a role in FIFA corruption scandal- US Justice Dept

ROAD TOWN, Tortola, VI- President of the BVI Football Association (BVIFA) Andy Bickerton recently said the FIFA corruption scandal would have no adverse effect on the construction of the stadium at East End, however, it seems there could be some adverse effects to the image of the Virgin Islands financial services sector which is already coming in for criticism due to information that the Virgin Islands may have played a part in ‘masking kickbacks’ between FIFA officials and executives.

September 5th, 2014
'Comments & criticisms are cheap!' – HE John S. Duncan

WICKHAMS CAY II, Tortola, VI – Weeks into his appointment as Governor of the Virgin Islands (VI) His Excellency Mr John S. Duncan OBE has begun to be liberal about his takes on certain things especially when it comes to the assessing of the status of the VI economy.

November 25th, 2013
Tax havens urged to expose firms hiding fortunes on their shores

THE GUARDIAN

Campaigners have urged Britain's overseas territories to expose the true owners of shell companies set up on their shores to curb illicit financial flows that deprive poor countries of billions of dollars.

June 27th, 2013
Global investment falters but tax havens prosper, U.N. finds

By Tom Miles, REUTERS

Efforts to stop companies syphoning money through tax havens are failing and offshore centres increased their share of foreign direct investment (FDI) again last year, according to a U.N. report.

June 16th, 2013
G8: David Cameron faces 11th-hour battle over objectives

UK Guardian

David Cameron's key objectives at the G8 summit next week – cracking down on tax havens, launching EU-US trade talks and progress to a Syrian peace conference – were still meeting resistance on Thursday as he battled to win over key allies.

June 11th, 2013
Cameron calls in tax havens ahead of G8 summit in June

Overseas Territories Review

David Cameron has asked the senior ministers of all Britain's overseas territories – including Bermuda, Jersey and the British Virgin Islands – to London on the eve of this month's G8 summit to urge them to root out the multibillion-pound evasion industry by signing up to agreements to share tax information.

May 2nd, 2013
George Osborne claims progress in tax haven plan

By UK Guardian

George Osborne claims to have won a significant victory in his campaign to open up secretive British tax havens by revealing that all British overseas territories with significant financial centres have signed up to the government's strategy on global tax transparency.



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