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Global corporate income tax of 15%? Small island states under pressure by OECD!
ROAD TOWN, Tortola, VI - The world remains one-sided with the big powers having the ability to bully the small island states and this also affects the Virgin Islands (VI).
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).
UPDATE: VI now eligible for UK Official Development Aid
ROAD TOWN, Tortola, VI- The territory can breathe some sigh of relief as the [British] Virgin Islands and other UK territories will now be eligible for Official Development Aid (ODA).
The BVI’s tax information exchange is in chaos – and it’s time the UK acted
Tax Research UK
As the OECD has noted in a new report on information exchange:
VI will soon be pushed under the proverbial bus – Hon. Fraser
ROAD TOWN, Tortola, VI – It is the firm belief of Third District Representative Hon. Julian Fraser, RA that the whole issue of tax havens has only come about because of the global economic downturn and the industrialized world now looking for a ‘scapegoat’.
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