International Tax Authority (ITA) To Host A Series Of Live Seminars
International Tax Authority (ITA) To Host A Series Of Live Seminars The International Tax Authority is excited to announce several upcoming
International Tax Authority (ITA) To Host Live Seminar For Custodial Entities
INTERNATIONAL TAX AUTHORITY (ITA) TO HOST LIVE SEMINAR FOR CUSTODIAL ENTITIES Join us for the 2nd Seminar in our series, hosted
Re: Update Of CRS Categorisation In The BVIFAR Portal
NOTICE FROM THE INTERNATIONAL TAX AUTHORITY Re: Update Of CRS Categorisation In The BVIFAR Portal The International Tax Authority extends
Updated Economic Substance Rules
The International Tax Authority (“ITA”) is pleased to announce that the updated Rules about the Economic Substance requirements under the Economic Substance (Companies and Limited Partnerships) Act, Revised Edition 2020 (as amended) (“ESA”) and the Beneficial Ownership Secure Search System Act, Revised Edition 2020 (as amended) (“BOSSs Act”), is now available on its
Economic Substance Request email
The International Tax Authority is informing all Financial Institutions that effective November 7th, 2022 all requests relating to Economic Substance such as re-openings, financial period change requests, and responses to non-relevant activity should be sent to the email address: Compliancerequests@bviita.vg.
Almost there! Fee implementation Update
The BVIFARs Portal fee implementation is on track for 2023. There has been a slight shift in the deadline with the portal now scheduled to go live before the end of the 1st quarter 2023! Once the portal becomes live further details about the following will be provided: process for making payment
Reminder to all Virgin Islands Financial Institutions (VIFI)
The International Tax Authority would like to remind all Virgin Islands Financial Institutions (VIFI) of the following: “Section 28(2)(c) of the MLA requires a VIFI to provide the name, address etc. of their principal point of contact for all purposes of compliance with the standard. This person is identified as the “Primary