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British Virgin Islands is a country famous for having very favorable tax policies, earning the title of a tax haven. What contributes to this state is the absence of a transfer pricing rule, a deduction limitation rule or any anti-hybrid rules. The country does not follow any general anti-avoidance rule.
21% (federal), up to 21% with credit of tax paid towards other countries 10% (federal) + 0–3.07% (state) + ... Taxation in the British Virgin Islands
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]
The economy of the British Virgin Islands is one of the most prosperous in the Caribbean. Although tiny in absolute terms, because of the very small population of the British Virgin Islands , in 2010 the Territory had the 19th highest GDP per capita in the world according to the CIA World factbook . [ 4 ]
The world is becoming an increasingly smaller space. Between borders opening up, flights expanding to new destinations and countries issuing more visas to retirees and nomadic workers, the trend of...
These countries included most tax havens and dependent territories of the EU countries. Countries such as the Isle of Man, Jersey, Guernsey, Cayman Islands, Andorra, Turks & Caicos, British Virgin Islands, Monaco, Switzerland, and many others thus agreed to implement similar or transitional arrangements (see below).
Bermuda, the British Virgin Islands and the Cayman Islands are the only British Overseas Territories with recognised National Olympic Committees (NOCs); the British Olympic Association is recognised as the appropriate NOC for athletes from the other territories, and thus athletes who hold a British passport are eligible to represent Great ...
For example, there are plenty of strange U.S. taxes — ranging from a tattoo tax in... Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign ...