News

Press Releases, Latest News, Updates

News2024-03-11T09:35:49-04:00

Notice From The International Tax Authority Update To Rules On Economic Substance

April 8th, 2024|Categories: Notices, Press Release|

NOTICE FROM THE INTERNATIONAL TAX AUTHORITY UPDATE TO RULES ON ECONOMIC SUBSTANCE  The latest update from the International Tax Authority regarding the

Establishment of Ad hoc Committees and Invitation for Expressions of Interest

April 5th, 2024|Categories: Notices, Press Release|

Establishment of Ad hoc Committees and Invitation for Expressions of Interest The International Tax Authority is pleased to announce the establishment

International Tax Authority (ITA) To Host Live Seminar For Custodial Entities

March 19th, 2024|

INTERNATIONAL TAX AUTHORITY (ITA) TO HOST  LIVE SEMINAR FOR CUSTODIAL ENTITIES Join us for the 2nd Seminar in our series, hosted by the International Tax Authority. The upcoming seminar is specifically designed for Custodial Entities who are required to report under the Common Reporting Standards (CRS). If you are the designated individual

Re: Update Of CRS Categorisation In The BVIFAR Portal

March 12th, 2024|

NOTICE FROM THE INTERNATIONAL TAX AUTHORITY  Re: Update Of CRS Categorisation In The BVIFAR Portal     The International Tax Authority extends a sincere thank you to all entities with reporting obligations under the Common Reporting Standards (CRS) that have taken the initiative to update their CRS entity classification in the BVI Fars

BVI FARS Payment Update

March 5th, 2024|

NOTICE FROM THE INTERNATIONAL TAX AUTHORITY REGARDING  THE BVI FARS PAYMENT UPDATE    The International Tax Authority has received numerous inquiries regarding making payments through the BVI Fars portal.  We had initially aimed to go Live with the payment component in January 2024, but due to unforeseen circumstances, the deployment of the

International Tax Authority (ITA) To Host Live Seminar For Investment Entities

February 22nd, 2024|

INTERNATIONAL TAX AUTHORITY (ITA) TO HOST LIVE SEMINAR FOR INVESTMENT ENTITIES Are you an Investment Entity subject to the reporting requirements under the Common Reporting Standards? Are you a person appointed to fulfill those obligations through the BVIFars Portal? Join our team as they provide an overview of: the new payment component

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).

Enrol or Login

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

Subscribe To ITA News & Notices


Go to Top