Two laws the House of Assembly passed in May will strengthen the powers of the International Tax Authority to inspect financial institutions and to interview people associated with Virgin Islands-registered …
September 7, 2022
May 19, 2022
Despite turmoil, House passes ITA bill
Even amid the turmoil caused by the forced resignation of then-Speaker of the House Julian Willock on May 3, the House of Assembly still had time to pass a financial …
February 12, 2022
ITA to be fully staffed soon, director says
The International Tax Authority will finally be fully staffed when another six employees join the ballooning department to help it handle the tax information requests that have flooded in since …
Continue reading “ITA to be fully staffed soon, director says”
January 29, 2020
International Tax Authority still understaffed, director says
As of November the International Tax Authority had been able to fill only 13 of the 35 positions it announced as vacant last year, despite tax information requests continuing to …
Continue reading “International Tax Authority still understaffed, director says”
May 3, 2019
Draft Economic Substance Code “makes the job easier”
In gauging what did and didn’t go in to the hotly anticipated draft Economic Substance Code released last week by the International Tax Authority, some insiders say one need only …
Continue reading “Draft Economic Substance Code “makes the job easier””
May 28, 2018
Cryptocurrencies slump after VI trading platform requests tax info
The prices of some of the world’s most high-profile cryptocurrencies have dropped significantly in the past two weeks due in part to cooperation between a cryptocurrency trading platform and the …
Continue reading “Cryptocurrencies slump after VI trading platform requests tax info”
