As such the British Virgin Islands is frequently labelled as a " tax haven " by campaigners and NGOs , and has been expressly named in anti-tax haven legislation in other countries on various occasions . Successive governments in the British Virgin Islands have fought against the tax haven label , and made various commitments to tax exchange and recording beneficial ownership information of companies following the 2013 G8 summit . On 10 September 2013 British Prime Minister David Cameron said " I do not think it is fair any longer to refer to any of the Overseas Territories or Crown Dependencies as tax havens . They have taken action to make sure that they have fair and open tax systems . It is very important that our focus should now shift to those territories and countries that really are tax havens . " In the April 2016 Panama Papers leak , the British Virgin Islands was the most commonly used tax haven by clients of Mossack Fonseca
2013 G8 summit
39th G8 summit
British Virgin Islands