As the Virgin Islands plays a very important role in the international fight against tax evasion, on the 30th day of June, 2014, the Government of the Virgin Islands signed the Model 1B Inter-governmental Agreement with the Government of the United States to improve tax compliance. This Agreement is commonly referred to as the US FATCA Agreement. The objective of this Agreement is to facilitate the reporting by BVI Financial Institutions about financial accounts held by US taxpayers or foreign entities in which those taxpayers hold a substantial ownership interest.
Click on the relevant item below to access the following:
- BVI and US Inter Governmental Agreement (US FATCA)
- SI NO. 75 OF 2014 – Mutual Legal Assistance (Tax Matters) (NO. 4) ORDER, 2014 – Implementation of US Agreement
- SI NO. 44 OF 2015 – US FATCA Order Under Section 3A OF MLA 2003
- Competent Authority Arrangement between the Competent Authorities of the USA and the BVI
- Guidance Notes
- Entity Self Certification Form
- Individual Self Certification Form
- If you are a US citizen living outside the USA click here to learn more