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News

August 29th, 2014
‘Double taxation is criminal abuse!’ – Edmund G. Maduro

ROAD TOWN, Tortola, VI - Double taxation is a criminal behaviour by the likes of the United States of America against persons who may for whatever reason have dual or multiple citizenship, said radio talk show host Edmund G. Maduro.

July 31st, 2014
American tax cheats can soon be caught in Guyana

DEMERARA WAVES

Guyana has formally agreed to share bank account information about Americans and American companies in Guyana to help the United States (US) catch tax evaders in foreign jurisdictions, the Government Information Agency (GINA) reported on Wednesday.

July 21st, 2014
Hon Fraser demands FATCA answers from Premier Smith

ROAD TOWN, Tortola, VI – Third District Representative Honourable Julian Fraser RA is demanding answers from Premier and Minister of Finance Dr the Honourable D. Orlando Smith on the recently signed intergovernmental agreement between the United States and the Virgin Islands on the United States foreign Accounts Tax Compliance Act (FATCA).

July 15th, 2014
‘US can’t make laws for VI!’ – Edmund G. Maduro

ROAD TOWN, Tortola, VI – Radio Show host Edmund G. Maduro continues to call for the Government to uphold the rights of BVIslanders with regard to the recently signed intergovernmental agreement between the Territory and the United States to bring into effect the Foreign Account Tax Compliance Act (FATCA) which allows for exchange of tax information.

July 8th, 2014
When the Media is Bought, FATCA Real & Wealthy Tourism a Myth

By Alred C. Frett

ACFrett - BVP (Truth for the Youth)… Saturdays 6pm – 7pm on ZROD 103.7FM & ZVCR 106.9FM

July 5th, 2014
‘We must get a copy of FATCA agreement!’ – Edmund G. Maduro

ROAD TOWN, Tortola, VI – Political commentator and talk show host Edmund G. Maduro insists that no international agreement can be entered into if it conflicts with the Territory’s Constitution and that the people of the Territory should have had a chance to see a copy of the intergovernmental agreement (IGA) between the Virgin Islands and the United States to bring into effect the Foreign Account Tax Compliance Act (FATCA).

July 1st, 2014
Signing of FATCA pact is ‘ignorance’ - Edmund G. Maduro

ROAD TOWN, Tortola, VI – Political commentator Edmund G. Maduro has condemned the signing of an intergovernmental agreement (IGA) between the Virgin Islands and the United States to bring into effect the Foreign Account Tax Compliance Act (FATCA) which allows for exchange of tax information.

September 25th, 2013
FATCA reporting out of scope of gov’t – Wheatley

ROAD TOWN, Tortola, VI – Commentator Douglas Wheatley has taken issue with the government’s intention to facilitate reporting related to the Foreign Accounts Tax Compliance Act [FATCA] for citizens of the United States (US), positing that it is outside the scope of the Virgin Islands (VI) government.

August 29th, 2013
UPDATE: Reporting obligations under FATCA on US persons not VI Gov’t- Premier

ROAD TOWN, Tortola, VI- Premier Dr The Honourable D. Orlando Smith has maintained his stance that the Virgin Islands is not being forced or coerced into finalising an Inter-Governmental Agreement (IGA) with the United States under the Foreign Account Tax Compliance Act (FATCA) but instead his government is of the opinion that cooperating is what is best for the territory.

May 3rd, 2013
Rand Paul Blamed for Blocking FATCA

BY MICHAEL COHN

(ACCOUNTING TODAY)- The research and advocacy organization Global Financial Integrity is urging Sen. Rand Paul, R-Ky., to allow the Senate to vote on agreements negotiated by the Treasury Department with Switzerland, Luxembourg, Hungary and other countries to implement the Foreign Account Tax Compliance Act, or FATCA, in an effort to ferret out tax evaders.

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