TAX TRANSPARENCY FOR INTERMEDIARIES What is the problem Recent scandals show that ‘intermediaries’ (accountants, advisers, lawyers, banks etc.) play a major part in helping big companies and wealthy individuals escape their fair share of tax in the EU. The culture of secrecy behind these tax schemes needs to change. The Commission’s proposal for new transparency...Read More

Trusts Registration Service registration deadline for new trusts extended The deadline for new trusts to register is now 5 January 2018. Following feedback from agents and stakeholders we are pleased to announce the Trust Registration Service (TRS) deadline for new trusts has been extended further from 5 October 2017 to 5 January 2018. Trusts which have...Read More

Beneficial Ownership Secure Search System Goes Live The Government of the Virgin Islands is pleased to announce that the Beneficial Ownership Secure Search system (BOSSs) has successfully gone live following the 1 July deadline. Government commissioned the BDO to build the BOSSs which has so far seen significant activity with the necessary information for tens...Read More