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The BVI Fars Payment Portal Is Now Live!!!

Exciting news from the International Tax Authority! The BVIFars payment portal is now Live and ready for use. As a reminder, all relevant entities with reporting obligations under FATCA, CRS, and CbCr are required to enrol in the BVIFars portal to fulfill their reporting obligations. Each enrolled entity is required to pay an annual

2025-04-10T11:02:27-04:00April 8th, 2025|Notices, Press Release|

BVI ITA Issues Warning About Phishing Email

BVI ITA Issues Warning About Phishing Email The International Tax Authority (ITA) is aware of a phishing email falsely claiming to be from the ITA and sent via Dropbox DocuSend from the email address reporting@bviita.com labeled BVI ITA Report. We want to assure the public that the ITA has not sent any emails through

2025-04-02T14:53:56-04:00April 2nd, 2025|Notices, Press Release|

Registration For The International Tax Authority (ITA) Virtual Seminar On The Common Reporting Standards (CRS)

REGISTRATION FOR THE INTERNATIONAL TAX AUTHORITY (ITA) VIRTUAL SEMINAR ON THE COMMON REPORTING STANDARDS (CRS)   The registration link is now available for the International Tax Authority’s virtual seminar focused on reporting requirements under the Common Reporting Standards (CRS).  Responsible persons, service providers, tax advisors, or anyone seeking clarification about the CRS and the

2024-11-05T16:17:02-04:00November 5th, 2024|Notices, Press Release|

International Tax Authority (ITA) To Host Live Seminar Focused On The Common Reporting Standards (CRS)

International Tax Authority (ITA) To Host  Live Seminar Focused On The Common Reporting Standards (CRS) The International Tax Authority will host a live open seminar for individuals responsible for reporting under the Common Reporting Standards (CRS).  In addition to responsible persons, service providers, tax advisors, or anyone seeking clarification about the CRS and the

2024-10-04T15:40:11-04:00October 4th, 2024|Notices, Press Release|

THE BVI FARS PAYMENT UPDATE

THE BVI FARS PAYMENT UPDATE The International Tax Authority is reminding all BVIFars portal users that the payment feature of the portal is NOT YET active. Due to the payment feature not being operational, the current payment deadline is not applicable. Please continue to fulfill your filing obligations by the deadline and disregard the

2024-05-22T15:20:05-04:00May 22nd, 2024|Notices, Press Release|

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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