Newsletter
BVI Finance announced last month that it has published its first quarterly edition of Business Insight, a newsletter designed to provide readers with original articles and stories about the latest developments in the financial services industry. The newsletter can be found on BVI Finance’s website.
Property tax
The 2016 property tax is payable on Sept. 1, and the deadline to pay without incurring interest is Nov. 30, government announced. The property tax list can be viewed at the Central Administration Building and at the IRD offices on Tortola and Virgin Gorda. Property owners can object to their assessments on Sept. 1 at the Magistrates’ Court in Johns Hole or on Sept. 2 at the Magistrates’ Court in The Valley, Virgin Gorda.
FSC advisory
The Financial Services Commission issued a warning last month against an entity that calls itself FXGlory Ltd. According to the FSC, FXGlory has been offering online investment products and trading in other forex related products and services, and it presents itself as being incorporated and regulated in the Virgin Islands. However, the FSC stated, the entity has never been registered or incorporated as a business company here. “Members of the public are therefore advised to exercise extreme caution if solicited at any time by or conducting any business with FXGlory Ltd,” the agency stated.
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