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
BVI FARS Payment Update
NOTICE FROM THE INTERNATIONAL TAX AUTHORITY REGARDING THE BVI FARS PAYMENT UPDATE The International Tax Authority has received numerous inquiries
The BVI FARS Payment Portal Will Be Going Live Soon!!!
The International Tax Authority is pleased to announce that the BVIFars payment portal will Go Live in January 2024!!! As a reminder, all relevant entities with reporting obligations are required to enroll in the BVIFars portal to satisfy their respective obligations in relation to FATCA, CRS, and CbCr. When is the annual
Local Filings
The International Tax Authority (“ITA”) is informing the public that under the International Tax Authority (Amendment) Act, 2023 (“ITA Act”) local companies can now make an application of exclusion directly to the ITA. Under the ITA Act: “local company” means any company or limited partnership who is resident for tax purposes in
Technical Difficulties
The International Tax Authority (“ITA”) is informing all users of the BVI Financial Account Reporting System, (“BVIFARS”), that it is aware of the technical difficulties being experienced while attempting to file. Our IT Team is diligently working to resolve this matter with the hopes of the portal being fully functional next week.
Fee Implementation Update
Almost there! Fee Implementation UpdateIt’s been a while since we announced the new annual fee for Financial Institutions (FI’s) enrolled in the BVI Fars portal, however, we’re still on track for 2023.Once the portal goes live, we will provide details about the process and options available for making payments.For those FI’s already enrolled