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British Virgin Islands Providing 100% Reduction of Interest Accrued on Property Tax for the 2021 and Prior Tax Years

|Approved Changes|British Virgin Islands
British Virgin Islands

On 23 May 2022, the Government of the British Virgin Islands issued a release from the Inland Revenue Department announcing a 100% reduction of interest accrued on property tax for the 2021 and prior tax years. Similar relief was announced in February 2021 for interest accrued for 2020 and prior years

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The Government of the Virgin Islands is extending to property owners 100-percent reduction on property tax interests accrue…

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