BVI FATCA & CRS Deadlines
The British Virgin Islands (BVI) International Tax Authority (ITA) announced its FATCA and Common Reporting Standard (CRS) reporting deadlines:
FATCA Annual Enrolment deadline: 1st April 2023.
FATCA Annual Reporting Submission deadline: 31st May 2023.
CRS Annual Enrolment/Notification deadline: 30 April 2023.
CRS Annual Reporting Submission deadline: 31st May 2023.
The CRS reportable jurisdictions for Y2022 have not yet been updated.
The BVI Financial Account Reporting System (BVIFARS) Portal is open for submissions. However, the BVI ITA has not issued an updated BVIFARS User Manual to reflect the process for making a payment through the portal and payment options.