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British Virgin Islands Transitions to New Filing System for Economic Substance Filing

|Approved Changes|British Virgin Islands
British Virgin Islands

The British Virgin Islands International Tax Authority recently issued a notice on a transition to a new filing system for the economic substance filing requirements. Previously, entities with economic substance and reporting obligations in the British Virgin Islands were required to file through the Beneficial Ownership Secure Search System (BOSSs), which was closed for filings after 26 Decem…

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