The British Virgin Islands International Tax Authority has issued a notice on updates to the economic substance rules. --- Updated Economic Substance Rules The International Tax Authority ("ITA") is pleased to announce that the updated Rules about the Economic Substance requirements under the Economic Substance (Companies and Limited Partnerships) Act, Revised Edition 2020 (as amended) ("ESA") and the Beneficial Ownership Secure Search System Act, Revised Edition 2020 (as amended) ("BOSSs Act"), is now available on its website. The Rules have been mainly updated to reflect the recent amendments made to the BOSSs Act (i.e. the Beneficial Ownership Secure Search System...