The Government of the British Virgin Islands has reiterated its commitment to working toward establishing a publicly accessible register on the beneficial ownership of companies.
Lowtax.net News: Isle of Man To Improve Beneficial Ownership Register
The Isle of Man has launched a consultation on legislative changes to ensure the territory remains fully compliant with international standards on recording details of the beneficial owners of legal entities.
Lowtax.net News: Bermuda Monetary Authority To Overhaul Enforcement Approach
Bermuda’s financial services regulator, the Bermuda Monetary Authority, has set out plans to change its enforcement processes.
Lowtax.net News: BVI Explains Economic Substance Requirements During COVID-19 Outbreak
The British Virgin Islands‘ International Tax Authority has provided guidance on how companies can meet the economic substance rules during the coronavirus outbreak.
Lowtax.net News: COVID-19: Isle of Man Amends Tax Filing Rules
The Isle of Man has announced a series of changes to tax return deadlines as part of its response to the economic impact of the coronavirus outbreak.
Lowtax.net News: Bermuda Issues Guidance On Payroll Tax Changes
Bermuda has issued guidance on calculating payroll tax for the period April 1, 2020, to March 31, 2021.
Lowtax.net News: Luxembourg Announces COVID-19 Tax Support Measures
On March 17, 2020, Luxembourg’s Ministry of Finance announced the relaxation of certain tax payment deadlines for companies and self-employed individuals affected by the coronavirus outbreak.
Lowtax.net News: Jersey Announces Coronavirus Support Measures For Businesses
The Jersey Government has announced a series of measures designed to mitigate the impact of the coronavirus on the island’s economy.
Lowtax.net News: Hong Kong, China Now Sharing CbC Reports
On March 4, 2020, the Hong Kong Government said that an arrangement with China on the automatic exchange of country-by-country reports is in effect.
Lowtax.net News: Cayman Commits To Making Beneficial Ownership Info Public
The Government of the Cayman Islands has announced plans to introduce a public register of beneficial ownership.