incorporation

Latest news

Non-Profits Receive Deadline Extension

Over 300 000 US charities are at risk of losing their tax exemption status, unless they make use of the Government’s new tax return filing deadline extension.

UK Consulting on Tax Issues

The UK Government is taking action to show national taxpayers and international investors that the country “is open for business”, by initiating an extensive round of public consultation of tax system legislation issues.

Tax Collection from Oil Exceed Industry Profit

The oil and gas industry is facing heavy criticism from the media, the public, and subsequently US Government politicians, under the assumption that the sector is under-taxed and action has to be taken to correct the situation. However, tax revenues arising from the sector in recent years have eclipsed the profits made by the entire oil extraction and exploration industry.

International Fight on Foreign Bribery Lagging

Countries representing an approximate 70 percent of world trade have been deemed as not having taken enough action to combat the occurrence of international bribery.

OECD Updates Several Tax Guidelines

In an effort to maintain a relevant and up-to-date set of instruments to facilitate international tax agreements and transactions, the Organization for Economic Cooperation and Development has published revised versions of its vital documents.

Mar 16, 20100

Good Economic Outlook for BVI

Categories: Taxation in British Virgin Islands

Annual government corporate renewal fees collected in the British Virgin Islands (BVI) grew in 2009, as did the number of sea vessels registered in the first two months of 2010, leading the Government officials to extol a sense of optimism in the economic prospects for the 2010 year. New figures from the BVIs’ Financial Services Commission (FSC) released on March 15th show that annual corporate renewal fees collection rose to more than USD 162.66 million in 2009, compared to USD 156.15 million ... Read More