Tax Identification Number (TIN) Update
Tax Identification Number (TIN) Update The International Tax Authority (ITA) wishes to remind all Financial Institutions (FI’s) that mandatory TIN information in
Fees Coming Soon
The International Tax Authority is informing all relevant entities who are required to report under the Common Reporting Standards (CRS), Foreign Account
BVIFARS Onfline
The International Tax Authority (the “ITA”) wishes to inform all Virgin Islands Financial Institutions (“VIFI”’s) and Constituent Entities that the British
BOSS(ES)s PORTAL HAS GONE LIVE!
The International Tax Authority (the “ITA”), wishes to inform all Registered Agents (“RA’s”) and Legal Entities with reporting obligations under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Beneficial Ownership Secure Search System Act, 2017 that Economic Substance Portal as integrated with the Beneficial Ownership Secure Search system (“BOSS(ES)s”) has
Updates to BVIFars
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
ITA Extends Enrollment & Filing Deadline
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
Press Release Covid-19
The International Tax Authority (“ITA”) following the announcement made by the Government is activating its business continuity plan during the coronavirus (COVID-19) pandemic. As a result, the ITA expects to maintain its operational frameworks and meet its international obligations. Confidentiality and data safeguards remain critical for the ITA’s functioning and strict security measures