International Tax Authority | Home2020-06-18T20:04:57+00:00

VIRGIN ISLANDS

International

Tax Authority

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Our Core Responsibilities

The International Tax Authority was established by the International Tax Authority Act, 2018 to take a proactive stance in relation to all crossborder tax matters that currently affect or have the potential to affect the Virgin Islands. The core responsibilities of the ITA are outlined in detail in section 4(1) of the International Tax Authority Act, 2018. The responsibilities of the ITA include:

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BVI Financial Account Reporting System

The International Tax Authority has created a web-based portal to provide a secure environment for BVI Financial Institutions to satisfy their obligations under the Agreement between the Government of the British Virgin Islands and the Government of the United States of America to Improve Tax Compliance via the Foreign Account Tax Compliance Act (US FATCA), the Agreement between the Government of the British Virgin Islands and the Government of the United Kingdom to Improve International Tax Compliance (UK CDOT) and the Arrangement under the Common Reporting Standards (CRS).

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Quick Links

BVI and US FATCA – Competent Authority Agreement BVI and UK CDOT – Competent Authority Agreement BVI and Guernsey – Competent Authority Agreement BVI and Isle of Man – Competent Authority Agreement CRS Multilateral Competent Authority Agreement
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