Barbados has been removed from the European Union’s list of non-cooperative jurisdictions and Dominica has been added.
AnguillaArchiv
Lowtax.net News: Progress Being Made On Closing ‚Harmful‘ Tax Regimes: OECD
The OECD has issued another update on jurisdictions‘ progress to amend their preferential tax regimes to remove harmful elements under the OECD base erosion and profit shifting Action Plan minimum standard on harmful tax regimes (Action 5).
Lowtax.net News: Anguilla Launches Consultation On New GST Regime
The Government of the Caribbean territory Anguilla on May 13, 2019, launched a consultation on draft legislation to introduce the goods component of the territory’s new goods and services tax.
Lowtax.net News: British OTs Must Introduce Public Beneficial Ownership Registers
The UK’s 14 Overseas Territories must bring in publicly accessible registers concerning the beneficial ownership of legal entities or face having them imposed by the UK, following Royal Assent to the UK Sanctions and Anti-Money Laundering Act 2018 on May 23, 2018.
Lowtax.net News: Anguillian Regulator’s Captive Insurance Expertise Recognized
The Anguilla Financial Services Commission, which regulates the island’s financial services sector, has recently been recognized for its captive insurance expertise.
Lowtax.net News: European Regulators Issue AML/CTF Guidance
The European Union recently issued anti-money laundering and countering the financing of terrorism guidance for credit and financial institutions.
Lowtax.net News: ECCB Says Blockchain Could Solve Caribbean De-Risking Crisis
The Director of the Eastern Caribbean Central Bank, Christopher Louard, recently said blockchain technology may provide a possible solution to the region’s „derisking“ challenges.
Lowtax.net News: IMF Highlights Bank Derisking’s Impact On Caribbean
Caribbean banks have lost important correspondent banking relationships as a result of international banks withdrawing from the region, according to a working paper recently released by the International Monetary Fund.
Lowtax.net News: Anguilla Extends FATCA Reporting Deadline To Month End
Anguilla’s Inland Revenue Department has extended the deadline for financial institutions to meet their reporting obligations under the US Financial Account Tax Compliance Act to August 31, 2017.
Lowtax.net News: Anguilla Extends FATCA And CRS Reporting Deadlines
Anguilla has given financial institutions further time to meet their 2014, 2015, and 2016 financial account reporting obligations under the Common Reporting Standard, and the US Financial Account Tax Compliance Act.
12