The scope of the consultancy services involve collaborating with the BVI International Tax Authority and Ministry of Finance to:

• Analyse existing data to categorise entities, assessing tax issues and compliance burdens in the BVI.
• Evaluate potential impacts, both socio-economic and financial, of implementing Pillar 2.
• Develop tax and policy responses to support Pillar 2 implementation, outlining associated advantages and disadvantages.
• Conduct workshops and distribute questionnaires to stakeholders across key industries.
• Design a roadmap and framework for implementing recommended Pillar 2 policy options, detailing activities, timelines, and milestones.
• Identify and mitigate risks associated with Pillar 2 implementation.

Tender documents are available on request. Proposals must be submitted by 26 February 2024.

BVI’s press release can be accessed here.

Our recent blog post on OECD’s guidance on Pillar 2 implementation can be accessed here.