Bvi Economic Substance Filing Deadline 2024. On 2 april 2024, the british virgin islands international tax authority unveiled the fourth version of their economic substance rules, complete with explanatory notes, on the heels of the united. This particular update focuses on rule 5, and notably excludes the united arab.

Carey olsen’s michael padarin and daniel moore explore the key takeaways from the first economic substance (es) reporting period in the british virgin islands (bvi) and give practical pointers on es compliance in the bvi. On 2 april 2024, the british virgin islands international tax authority unveiled the fourth version of their economic substance rules, complete with explanatory notes, on the heels of the united.