VI Property Tax Amnesty - March 1, 2022 To February 28, 2023

Monday, 23 May 2022 - 3:45pm

The Government of the Virgin Islands is extending to property owners a 100-percent reduction on property tax interests accrued for the 2021 tax year and prior years.

VI Property Owners Urged To Settle Arrears During Tax Amnesty

Monday, 23 May 2022 - 3:19pm

The Government of the Virgin Islands is extending to property owners 100-percent reduction on property tax interests accrued for the years 2021 and prior.

International Tax Authority to Introduce Portal Fees September 1

Friday, 11 February 2022 - 3:50pm

The International Tax Authority is informing all relevant entities who are required to report under the Common Reporting Standards (CRS), Foreign Account Tax Compliance Act (FATCA) and Country-by-Country Reporting (CbCr) that effective September 1, 2022, the International Tax Authority intends to introduce in reference to each entity enrolled in the BVIFars Portal an annual fee of $185.

Property Tax For 2021 Due September 1 To November 30

Wednesday, 1 September 2021 - 10:44am

Property owners in the Virgin Islands are reminded that property tax for the year 2021 is due and payable September 1 to November 30 in accordance with the Property Tax Ordinance, Cap 207 (as amended).    

100 Percent Property Tax Interest Reduction Available

Monday, 22 February 2021 - 2:36pm

The Government of the Virgin Islands is extending to property owners a 100% reduction on property tax interests accrued for the 2020 tax year and prior years.

Amnesty Of Interest Accrued On Property Tax Granted

Friday, 19 February 2021 - 4:30pm

The Government of the Virgin Islands is extending to property owners a 100% reduction on property tax interests accrued for the 2020 tax year and prior years.

2020 Property Tax Now Due

Friday, 2 October 2020 - 5:39pm

The Inland Revenue Department is reminding property owners in the Virgin Islands that in accordance with the Property Tax Ordinance, Cap 207 (as amended), Property Tax for the year 2020 is due and payable September 1st to November 30th.

The BVI Financial Accounting Reporting System Soon To Accept Country By Country Reporting

Monday, 24 February 2020 - 9:57am

The International Tax Authority (ITA) wishes to inform BVI Constituent Entities, that are a part of a Multinational Entity (MNE) Group, as defined under section 2 of the Mutual Legal Assistance Tax Matters (Amendment) Act (No. 8 of 2018) for the Country by Country Reporting, under the Base Erosion and Profit Shifting (BEPS) Action 13, that it will soon be ready to receive filings for Country by Country Reporting in accordance with section 38 of the Act.

Government Welcomes EU Decision To Recognise The BVI As A Fully Compliant Jurisdiction

Tuesday, 18 February 2020 - 5:29pm

The Premier of the Virgin Islands has today welcomed the announcement by the European Union that the British Virgin Islands is recognised as a fully compliant jurisdiction for tax purposes.

British Virgin Islands Tax Cooperation With France Overlooked

Thursday, 9 January 2020 - 12:34pm

The Premier and Minister of Finance of the British Virgin Islands Honourable Andrew A. Fahie has today said that the good tax cooperation between the British Virgin Islands and France has been overlooked in the French Government's decision to include the jurisdiction, among others newly added, to its list of non-cooperative states and territories in tax matters.

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