Bvi Crs Reporting Portal

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Updated: May 13, 2022

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Bviita.vg
+1 284-394-4415 C9GH+455, Road Town, British Virgin Islands

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FAQs

1

Is BVI a reportable jurisdiction for CRS?

The ITA participating jurisdiction list is referred to under section 25(3) of the Mutual Legal Assistance (Tax Matters) Act, 2003 (MLAT), which implements CRS in the BVI. Reportable Jurisdictions are those participating jurisdictions with an agreement in place to exchange relevant CRS account information with the BVI.
2

Is BVI part of CRS?

As an early adopter the BVI has agreed to exchange financial account information with the first group of participating jurisdictions under the CRS by September, 2017. Click here to access the self-certification forms for individuals and entities.
3

Is BVI a Model 1 IGA?

On 4 April 2013, the Government of the British Virgin Islands (the "BVI") announced that it would opt for and will be finalising a Model 1B intergovernmental agreement ("IGA") with the US in relation to the US Foreign Account Tax Compliance Act ("FATCA").
2. Gov.vg

Financial Account Reporting System. Please note that BVIFARS is accessible via: www.bvi.gov.vg/fatca. Contact Us. Subscribe to Government News.

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