July 28, 2017

The Mauritius Revenue Authority (MRA) announced that it has decided to extend the due date for the transmission of FATCA information to the MRA from July 31, 2017 to August 31, 2017.


Reporting to the MRA pursuant to the OECD Common Reporting Standard (CRS) does not com...

July 25, 2017

If you sold, liquidated or otherwise terminated a Reporting Financial Institution (FI) prior to January 1, 2016 you may need to deregister that FI to avoid penalties for failure to update its registration or failure to report.


The IRS and other tax authorities require...

July 21, 2017

The Cayman Islands announced that the reporting deadline for FATCA and CRS has been extended to August 31, 2017.  This will be the final extension.


The AEOI portal will close on August 31, 2017 at 4PM local time (3PM New York / 10PM London).


The deadline for registrati...

The Bahamas tax authority recently announced that it no longer plans to follow the narrow approach in CRS compliance.  It will instead implement CRS by way of the Multilateral Convention on the Mutual Administrative Assistance in Tax Matters (the Convention) on a non-r...

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