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The 28th Virgin Islands Legislature was a meeting of the ... Senate confirmed the nominations of Claudette Watson-Anderson to head Internal Revenue Bureau (IRB) and ...
Bureau of Internal Revenue Joel Lee Department of Property & Procurement Lisa Alejandro Anthony Thomas (2019–2023) Virgin Islands Police Department Mario Brooks Ray Martinez (2021–2024) Trevor Velinor (2019–2021) Department of Tourism Joseph Boschulte Department of Human Services Averil George Kimberley Causey-Gomez (2019–2023)
The Bureau of Economic Analysis (BEA) collects GDP data for four U.S. territories (American Samoa, Guam, the Northern Mariana Islands, and the U.S. Virgin Islands) separately from the states and the District of Columbia.
The CIA's research concluded that the islands hosted nearly 3 million tourists per year (2014 estimate), mostly from visiting cruise ships. However, the more recent May 2016 estimate for the number of arrivals by the VI Bureau of Economic Research totals 1,208,295 by cruise ship and 403,876 people by air.
The British Virgin Islands has engaged in bilateral and multilateral agreements to facilitate tax cooperation and information exchange with other countries and jurisdictions. These agreements enhance the territory's credibility as a responsible financial center and provide a framework for addressing cross-border tax-related challenges.
The official currency of the British Virgin Islands has been the United States dollar (US$) since 1959, the currency also used by the United States Virgin Islands. [3] The British Virgin Islands enjoys one of the more prosperous economies of the Caribbean region, with a per capita average income of around $47,000 (2022 est.) [47]
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The British Virgin Islands also operates as a domicile for captive insurance services, but a prolonged period of overzealous Government regulation combined with the Government's increasing pressure to hire only locals ("belongers") in the insurance industry decimated the industry. Official reports from the Financial Services Commission reflect ...
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