BVI Extends FATCA Deadlines

Monday, 1 June 2015 - 10:15am

The Government of the Virgin Islands is advising all British Virgin Islands Reporting Financial Institutions that the FATCA deadlines for the United Kingdom and United States of America have been extended.

Specialist To Enlighten Residents In BVI Of FATCA Requirements

Thursday, 11 September 2014 - 10:00am

In providing more information to the Territory’s residents on the United States (U.S.) Foreign Accounts Tax Compliance Act (FATCA, the Government of the Virgin Islands has invited a FATCA specialist to deliver special presentations to individuals affected by the United States law.

Statement By Premier on Foreign Account Tax Compliance Act (FATCA)

Thursday, 9 October 2014 - 10:30am

Madam Speaker, a few sessions ago I came before this house and give a statement on the Foreign Account Tax Compliance Act (FATCA) and the effects that it would have on the Government and the people of the Virgin Islands. In this statement I described briefly the rationale behind FATCA and how it would be expected to affect the industry and private citizens here in the Virgin Islands.

BVI Government Signs IGA To Improve US FATCA Cooperation

Monday, 30 June 2014 - 3:30pm

The Government of the Virgin Islands has taken another step towards improving its profile of cooperation in the global landscape.

Statement By On US Foreign Account Tax Compliance Act (FATCA) And The United Kingdom’s Version Of The FATCA (Referred To As “The UK FATCA”)

Wednesday, 24 September 2014 - 10:15am

Madam Speaker, after fully analyzing the nature, scope and contents of the US Foreign Account Tax Compliance Act (FATCA) and the United Kingdom’s version of the same (referred to as “the UK FATCA”), I am pleased to announce that the Government of the Virgin Islands has decided that in concert with concluding negotiations leading to an Agreement with respect to the UK FATCA as a matter of prior

BVI Initials Final Text Of FATCA Inter-Governmental Agreement

Tuesday, 11 March 2014 - 12:15pm

The Government of the Virgin Islands and the Government of the United States concluded its negotiations On March 6, 2014, and initialled the final text of an Inter-governmental Agreement (IGA) in respect of the US Foreign Accounts Tax Compliance Act (FATCA), paving the way for its imminent signing and implementation in Territory.

Statement By Premier Of The Virgin Islands Dr. The Honourable D. Orlando Smith, OBE, Setting The Record Straight On FATCA

Thursday, 29 August 2013 - 10:00am

Earlier this week, Member of the House Assembly of the Virgin Islands, Hon. Julian Fraser, issued a statement on matters largely concerning the US Foreign Accounts Tax Compliance Act (commonly known as “FATCA”).

Statement By Premier Dr. The Honourable D. Orlando Smith, OBE On The Initialling Of The Foreign Account Tax Compliance Act Intergovernmental Agreement With The United States

Thursday, 13 March 2014 - 3:45pm

Madame Speaker, in previous meetings of this honourable house I indicated that I would give regular updates on the status of our negotiations with the United States on the Foreign Account Tax Compliance Act or FATCA as it is commonly referred to.

Premier Talks About Future Of Offshore Financial Centres

Wednesday, 10 September 2014 - 10:00am

In discussions on the future of off-shore financial centres, Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE, presented his insights today at the Foreign Correspondents’ Club during a luncheon meeting hosted by the Hong Kong General Chamber of Commerce.

Statement By Premier And Minister Of Finance - Building A Thriving And Sustainable Financial Services Sector In The British Virgin Islands

Tuesday, 18 November 2014 - 4:00pm

On August 12 of this year, the Government of the Virgin Islands engaged the services of global management consultants - McKinsey & Company – to undertake a Financial Services Management Consultancy. This engagement is to help chart a new direction in the BVI financial services industry, and was as a result of financial services stakeholder meetings held early on in my administration.

Pages