BVI FATCA/CRS Registration Fee Starts in 2023
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On October 27, 2022, the British Virgin Islands International Tax Authority (BVI ITA) announced the US$185.00 portal registration fee...
Elizabeth A. McMorrow
Sep 12, 2022
BVI Primary User Must Have A Permanent Position Within FI
The British Virgin Islands (BVI) International Tax Authority (ITA) recently reminded Financial Institutions (FIs) that the BVI Mutual...
Elizabeth A. McMorrow
Jul 29, 2022
BVI Makes CRS P&Ps A Legal Requirement
The British Virgin Islands (BVI) International Tax Authority (ITA) recently announced legislative amendments which require a Financial...
Elizabeth A. McMorrow
Jun 2, 2022
BVI FATCA/CRS Registration Fee Update
On February 11, 2022, the British Virgin Islands International Tax Authority (BVI ITA) announced it will be establishing a registration...
Elizabeth A. McMorrow
Feb 21, 2022
BVI Portal Offline & US TIN Instructions
On February 21, 2022, the British Virgin Islands International Tax Authority (BVI ITA) announced the BVI Financial Account Reporting...
Elizabeth A. McMorrow
Feb 11, 2022
BVI Announces FATCA/CRS Registration Fees
On February 11, 2022, the British Virgin Islands International Tax Authority (BVI ITA) announced it will be establishing a registration...
Elizabeth A. McMorrow
Apr 25, 2021
BVI FATCA & CRS Deadline Extended
The British Virgin Islands (BVI) International Tax Authority (ITA) announced its Common Reporting Standard (CRS) and FATCA reporting...
Elizabeth A. McMorrow
Dec 29, 2020
BVI Portal Schedule Update
The British Virgin Islands (BVI) International Tax Authority (ITA) announced scheduled interruptions to its BVI Financial Account...
Elizabeth A. McMorrow
Sep 2, 2020
BVI Portal Is Live
The new BVI portal is back on line and open for FATCA and CRS reporting. The deadline for CRS (where extensions were previously granted...
Elizabeth McMorrow
Jul 22, 2020
Perfect Internal Processes But Still at High Risk
FATCA 2014. CRS 2016. Your organization has studied the rules for these regimes and employees know exactly what needs to be done. You’re...
Elizabeth McMorrow
May 6, 2020
No Policies & Procedures Could Cost You US$100K
Many tax authorities around the world have slowed down due to the pandemic but the British Virgin Islands International Tax Authority...
Elizabeth McMorrow
Apr 22, 2020
BVI Extends Both FATCA & CRS Deadlines
Given the IRS extension for foreign government FATCA reporting, the British Virgin Islands (BVI) has extended its FATCA registration and...
Elizabeth A. McMorrow
Nov 22, 2019
Is BVI Ramping up for FATCA & CRS Examinations?
This week the British Virgin Islands (BVI) International Tax Authority (ITA) demonstrated its commitment to FATCA and CRS examinations by...
Elizabeth A. McMorrow
Jun 24, 2019
BVI Deadline Extended to July 31, 2019
The British Virgin Islands (BVI) tax authority issued a notice on Friday, June 21, 2019 alerting filers that the deadline for both FATCA...
Elizabeth A. McMorrow
Mar 11, 2019
CRS: BVI Expands Reportable Controlling Persons
The British Virgin Islands (BVI) issued revised Common Reporting Standard (CRS) Guidance Notes on February 19, 2019. Included in the...
Elizabeth A. McMorrow
Aug 17, 2018
CRS: Bahamas Changes Controlling Person Threshold – Who Is Next?
The Bahamas issued revised CRS Guidance Notes on August 3, 2018. Included in the revisions is a change in the definition of Controlling...
Elizabeth A. McMorrow
Jun 21, 2018
Deadline Alert: KY BO Register Isn’t FATCA/CRS Controlling Person Reporting
Certain Cayman Islands entities must provide beneficial ownership information to their Cayman Islands corporate service providers (CSPs)...
Elizabeth A. McMorrow
Aug 15, 2017
CRS: BVI Extends Reporting Deadline to September 1
The British Virgin Islands tax authority announced that it has extended the deadline for UK FATCA/CDOT and Common Reporting Standard...
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