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British Virgin Islands Publishes Draft Guidance on Economic Substance Requirements

|Approved Changes|B Virgin Isl
B Virgin Isl

On 2 May 2019, the Government of the British Virgin Islands (BVI) announced that BVI Finance is hosting education sessions following the publication of the draft Economic Substance Code by the International Tax Authority (ITA). The draft Code provides guidance on the effect of the Economic Substance (Companies and Limited Partnerships) Act 2018, which came into force on 1 January 2019 ({News-…

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