Gibraltar

A new report from the European Union Tax Observatory suggests that European banks are reaping about 14 percent of their total profits — about 20 billion euros a year — from the Virgin Islands and 16 other jurisdictions the report identified as “tax havens.”

The report’s authors say the findings will further bolster the case for a global minimum corporate tax rate proposed by the G20 in August and set for final approval next month.

The UK has sent Covid-19 vaccines to nine British Overseas Territories so far; Anguilla, Bermuda, the British Virgin Islands, Cayman Islands, Falkland Islands, Gibraltar, Montserrat, St Helena and the Turks & Caicos. Bermuda Received Two Shipments Last Month Bermuda’s first batch of 9,750 doses arrived on January 8th, and the second allotment of 19,500 doses arrived on […]

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