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Regulatory Round-up

BVI Remains on Annex II of EU Tax List

Following meetings in Brussels on Friday, the EU Council confirmed that BVI remains on Annex II of the EU tax list, as a cooperative jurisdiction implementing good tax governance principles.

The Council confirmed that BVI has committed to fulfilling the necessary steps to request and being granted, by 15 February 2027, an in-depth review by the OECD Global Forum with a view to upgrading its overall exchange of information on request rating to at least “largely compliant” within the prescribed timeframe.

The EU list of non-cooperative jurisdictions for tax purposes (Annex I) consists of the same 11 jurisdictions as before Friday’s meetings.

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