The British Virgin Islands (BVI) is a well-known offshore financial center, attracting investors and companies from all over the world. One of the reasons for this popularity is the BVI`s robust regulatory system, which is built around multiple exchange of information agreements. Exchange of information agreements are international arrangements that allow countries to cooperate…
Agreement is Contingent: Understanding One of the Most Important Legal Terms Agreement is contingent is a legal term that is often used in contracts and agreements. It is a term that refers to the fact that the obligations and terms of an agreement are dependent on certain conditions being met. This is a crucial…
In the wake of the COVID-19 pandemic, many Americans have been struggling to pay their taxes. The IRS has recognized this hardship and has implemented payment agreements to help taxpayers who are unable to make their payments in full. An IRS payment agreement, also known as an installment agreement, is a plan that allows…