BVI Economic Substance Updates – HOLDING BUSINESS BVI經濟實質更新 – 控股業務

BVI International Tax Authority (”ITA”) has recently clarified the definition of ”Holding Business”

 

Updated definition of Holding Business

 

Previously, entities holding equity participations in other entities were classified as ”Holding Business” regardless of actual dividends and capital gains, based on the Rules on Economic Substance in the BVI.

 

The ITA now states that income is a relevant consideration in determining whether an entity qualifies as ”Holding Business”. An entity shall only report as conducting ”Holding Business” when it earns dividends or capital gains.

 

 

BVI 國際稅務局（“ITA”）最近澄清了“控股業務”的定義。

 

更新的控股業務定義

 

根據BVI早前的經濟實質規則，持有其他實體股權的實體無論實際的股息和資本增值如何，都被歸類為“控股業務”。

如今，ITA指出，收入將作為判斷實體是否符合“控股業務”資格的相關考量。只有在實體獲得股息或資本增值時，才應報告為“控股業務”。