What is the payment process on the portal? Will you distribute guidance on this topic so that this can be administered by relevant entities?

Once the payment portal is live full guidance on making payments will be issued and made available to all portal users.

admin2024-03-08T09:15:19-04:00March 8th, 2024|PAYMENT|

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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