Will/can BVI Portal structure a user-friendly CRS/FATCA form for multi-FI submission? (with button to convert excel to XML which is similar to Cayman's)

The ITA is working on upgrades to the BVIFARs portal. This change will be considered during this upgrade process.

admin2024-03-08T09:31:33-04:00March 8th, 2024|REPORTING|

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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