Our Core Responsibilities
The International Tax Authority was established by the International Tax Authority Act, 2018 to take a proactive stance in relation to all cross–border tax matters that currently affect or have the potential to affect the Virgin Islands. The core responsibilities of the ITA are outlined in detail in section 4(1) of the International Tax Authority Act, 2018. The responsibilities of the ITA include:
Latest News
Fee Implementation Update
Almost there! Fee Implementation UpdateIt’s been a while since we announced the new annual fee for Financial Institutions
Tax Identification Number (TIN) Update
On December 30th, 2022, the United States Internal Revenue Service (“IRS”) released Notice 2023-11 (the “2023 Notice”) for
Updated Economic Substance Rules
The International Tax Authority (“ITA”) is pleased to announce that the updated Rules about the Economic Substance requirements