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British Virgin Islands Providing 100% Reduction of Interest Accrued on Property Tax for the 2020 and Prior Tax Years

24 February 2021

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Approved Changes

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B Virgin Isl

The Government of the British Virgin Islands has issued a release from the Inland Revenue Department announcing a 100% reduction of interest accrued on property tax for the 2020 and prior tax years. --- Amnesty of Interest Accrued on Property Tax Granted The Government of the Virgin Islands is extending to property owners a 100% reduction on property tax interests accrued for the 2020 tax year and prior years. The period of relief of interests extends from February 3 to August 31, 2021. Property owners are urged to pay the outstanding principal (tax) forthwith, or agree to a payment plan...