Taxation

Operating from our tax-free environment, our tax attorneys consistently advise a wide range of clients, from individuals to multinationals, on the intricacies of international taxation and the role that offshore structures can play in cross-border business.

We are regularly asked to assist businesses and their onshore advisors in assuring compliance with the increasingly complex legislative environment in our client’s home countries. Furthermore, the Bishops team frequently advises high-net worth individuals on the legal and tax aspects of relocating to the Turks and Caicos Islands.

Unique in our jurisdiction is our expertise in sales and use taxes. We advise many businesses on this important aspect of doing business in the Turks and Caicos Islands, both regarding the existing tourism and payroll oriented taxes and the announced Value Added Tax, planned for implementation in 2013.