ARTICLE
20 June 2013

The British Virgin Islands Signs Tax Information Exchange Agreement With Canada

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Appleby

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Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.
The Government of the British Virgin Islands recently signed a Tax Information Exchange Agreement with the Canadian Government.
British Virgin Islands Wealth Management

On 21 May 2013, the Government of the British Virgin Islands ("BVI") signed a Tax Information Exchange Agreement ("TIEA") with the Canadian Government.  The BVI is now party to 24 TIEAs, with a number of TIEAs recently having come into force with major economies, including India, China, the Czech Republic, Ireland, Iceland and Germany.  TIEAs facilitate the exchange of tax information between two jurisdictions and are utilised to help prevent tax evasion (where no tax treaty already exists).  Click here to read the benefits.

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