Bahamas Open for Submissions on Monday

June 14, 2019

The Bahamas Competent Authority announced that its automatic exchange of information (AEOI) portal will open for FACTA and CRS-AEOI registration and submission on Monday July 15, 2019 at 9AM EDT.  (This is the same time zone as New York and 2PM in London).

 

The Bahamas AEOI portal will close on Friday August 30, 2019 at 5PM EDT.

 

Registration

 

If a Financial Institution was created after the 2018 registration period ended, it must complete its initial registration by August 30, 2019.

 

Nil Returns

 

Bahamas Reporting Financial Institutions are not required to file nil returns with The Bahamas Competent Authority for the Common Reporting Standard (CRS).

 

However, Reporting Bahamas Financial Institutions with no Reportable Accounts are required to file nil returns with The Bahamas Competent Authority for FATCA.

 

For additional blog posts, please go to my website: elizabethmcmorrowlaw.com

Please reload

Recent Posts

July 22, 2019

Please reload

Archive
Please reload

  • LinkedIn Clean

Disclaimer: The information on this website is for general informational purposes only. Nothing on this site should be taken as legal advice. The viewing of this website does not constitute an attorney-client relationship. 

Copyright  © Elizabeth A. McMorrow Law LLC.  All rights reserved.