In this review of taxation and the British Virgin Islands, Conyers Corporate Counsel Nicholas Kuria discusses some of the most commonly misunderstood notions relating to the use of offshore jurisdictions, with a focus on the...more
2/5/2024
/ AML/CFT ,
Beneficial Owner ,
British Virgin Islands ,
Business Assets ,
Capital Gains Tax ,
Common Reporting Standard (CRS) ,
Compliance ,
Corporate Taxes ,
Deeds ,
FATCA ,
Financial Institutions ,
Fraudulent Concealment ,
Income Taxes ,
International Tax Authority ,
IRS ,
Jurisdiction ,
Mutual Legal Assistance Treaties (MLAT) ,
OECD ,
Offshore Companies ,
Popular ,
Securities Transactions ,
Stamp Duty Land Tax ,
Tax Authority ,
TIEA ,
Transparency ,
UK ,
Wealth Tax
We will begin with an overview of the tax position. The British Virgin Islands has no corporate tax, capital gains tax, wealth tax, or any other tax applicable to a British Virgin Islands company. These companies are exempted...more