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ifina blog

Sherri Ortiz
Thursday
Jan 14 '10
Category:
Blog
BVI
Contributor:
Sherri Ortiz

The British Virgin Islands (BVI) is on the ‘white list’ of countries that have implemented substantially the internationally agreed tax standard set by the Organisation for Economic Cooperation and Development (OECD).

The process of reinforcing the jurisdiction’s reputation as a globally integrated international finance centre continues now as much as it did when the BVI signed its first Tax Information Exchange Agreement (TIEA) seven years ago.

The April meeting of the G20 in London established the need for urgency in increasing transparency in tax matters, with the OECD introducing new standards for exchanging information.

The benchmark for the white ...

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