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Monthly Archive:: November 2020

BVI Rules Out New Taxes In 2021 Budget

TweetShareSharePin0 Shares by Jason Gorringe, Tax-News.com, London 17 November 2020 The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. In his 2021 Budget statement, Andrew Fahie, the territory’s Finance Minister, said: “The transition into e-Government will be

Cayman Tables Law For Digital Asset Business Regime

TweetShareSharePin0 Shares by Jason Gorringe, Tax-News.com, London 17 November 2020 The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). The Virtual Asset (Service Providers) Law, 2020 is intended to strengthen the Cayman Islands’ ability to regulate and attract persons
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