The latest update from the International Tax Authority regarding the Rules on Economic Substance (v4) as of 2 April 2024, has been released.

This particular update focuses on Rule 5, and notably excludes the United Arab Emirates from the list of jurisdictions without a corporate income tax system.

The Sister Islands Programme Unit is seeking Community Emergency Response Team (CERT) volunteers from Anegada, Virgin Gorda and Jost Van Dyke.

The Ministry of Finance (MoF) has completed the first phase of a technical assistance program aimed at improving the efficiency and accuracy of its revenue forecasting processes. 

The Government of the Virgin Islands (GoVI) has successfully maintained its ‘high creditworthiness’ issuer ratings of CariAA- (Foreign and Local Currency) on the Caribbean Information and Credit Rating Services Limited (CariCRIS) regional scale. CariCRIS has also assigned a stable outlook on the ratings.

The Government has agreed that the Virgin Islands should establish a dedicated and well resourced sanctions unit.

Three local authors will be launching their book titled, “J.A.W.S: The Journey, The Approach, The Work to Success” next month.

The Government of the Virgin Islands, through the Ministry of Communications and Works is enhancing the road infrastructure in Cane Garden Bay to address existing issues and elevate the quality of transportation in the area.

Minister for Communications and Works Honourable Kye M. Rymer has said the reintroduction of international flights at the Captain Auguste George International Airport on Anegada is a testament to the government's commitment to revitalising the local economy.

The Department of Waste Management is seeking quotations for the rental of heavy equipment to be used at the Pockwood Pond dumpsite.

The Paraquita Bay area, celebrated for its fertile lands and abundant waters, has historically served as a cornerstone for the British Virgin Islands' agricultural and fisheries sectors.