Tax evasion talks start between British Virgin Islands and US

KINGSTON, Jamaica The British Virgin Islands’ leader said that the Caribbean territory with a major offshore financial sector has started talks with the U.S. Treasury to comply with a law designed to crack down on offshore tax evasion. The BVI, home to about 30,000 people and 500,000 registered companies, is one of the world’s biggest offshore trust jurisdictions. Premier Orlando Smith …

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