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CRS

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Alert: Extension of BVI CRS deadlines

The British  Virgin  Islands Government recently announced  the  extension of the 2017  deadlines  for  notification  and reporting obligations  under  the  Common  Reporting  Standard, or CRS. As a result, BVI financial institutions will now have until June 30, 2017 to register…

BVI adopts OECD’s Common Reporting Standard for financial institutions

By Vanessa King, Partner, Head of Corporate and Commercial Department, O’Neal Webster  The integrity of tax systems around the world has been challenged for years, stymied by undetected, illegal evasion tactics. In an attempt to detect and deter such actions,…
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