British Virgin Islands signs tax treaties

The British Virgin Islands (BVI) said it signed tax information exchange agreements with the Nordic group of countries.



The Nordic countries make up a region in Northern Europe and far northeastern North America consisting of Denmark, Finland, Iceland, Norway and Sweden and their associated territories.



The agreements require the BVI to make available information relating to criminal or civil tax matters.



Last month, the BVI was included on a so-called grey list of countries that have not yet fully complied with international rules on sharing tax information.



Premier Ralph O\'Neal said the British territory will soon sign agreements with France and New Zealand, in its quest to move to the white list of fully compliant jurisdictions.