The International Tax Authority is informing Entities that with the recent updates to the BVIFARS, users can now update necessary information via BVIFARS such as changing the details of the primary user or deregistering an entity. Additionally, Entities that are required to report for Country-by-Country (Constituent Entities that are UPE or SPE and are resident
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On 18th March 2020, the International Tax Authority (ITA) via a Press Release activated its Business Continuity Plan (BCP) considering the Global Pandemic. As the ITA is still obliged to comply with its international obligations, by the required deadlines; the deadlines for enrolment and filing with regards to FATCA and CRS were not adjusted (i.e.
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