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article under the tag
global minimum tax

June 28, 2024

Labour win could up pressure from London

Virgin Islanders living here won’t get to cast a ballot in the United Kingdom election next Thursday, but some experts expect the territory to face major repercussions if the British …

Continue reading “Labour win could up pressure from London”

by Shaun Connolly
May 31, 2024

Premier pledges public talks on global tax

The Cabinet has not yet decided whether to sign on to the Global Minimum Tax regime but expects a report on the matter from consultants by the end of June, …

Continue reading “Premier pledges public talks on global tax”

by Shaun Connolly
April 16, 2024

‘No great rush’ on Global Minimum Tax

The Virgin Islands expects the next United Kingdom government to respect its decision on whether to sign up for the Global Minimum Tax initiative, Deputy Premier Lorna Smith said April …

Continue reading “‘No great rush’ on Global Minimum Tax”

by Shaun Connolly
March 13, 2024

A new UK gov’t could press VI to adopt global tax

Pressure could be brought down on the Virgin Islands to bring in the 15 percent Global Minimum Tax on multinational giants if there is a change of United Kingdom government …

Continue reading “A new UK gov’t could press VI to adopt global tax”

by Shaun Connolly
August 30, 2023

Government in talks on global tax

Even though the government doesn’t expect the planned Global Minimum Tax to adversely affect the Virgin Islands’ financial services sector, discussions are ongoing with the industry in order to ensure …

Continue reading “Government in talks on global tax”

by ZARRIN TASNIM AHMED

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