International Tax Authority (ITA) To Host Live Seminar Focused On The Common Reporting Standards (CRS) (2024-10-04)

Summary

This is a notice from the BVI International Tax Authority (ITA) announcing a live seminar on the Common Reporting Standards (CRS). It is informational only and does not create new compliance obligations, but it invites participation from those involved in CRS reporting.

• Who is invited: Individuals responsible for CRS reporting, service providers, tax advisors, and anyone seeking clarification on CRS or the BVIFars portal.
• Seminar date: The live seminar will be held on November 27, 2024; the registration link will be sent out in November prior to the event.
• Advance questions: Attendees are encouraged to email questions in advance to info@bviita.vg by Monday, October 28, 2024, using the subject line 'Questions for Common Reporting Standards Seminar'.

The notice serves as an outreach and education initiative to assist BVI Financial Institutions and related parties in complying with CRS reporting requirements via the BVIFars portal.

Key obligations

• Those wishing to submit questions ahead of the seminar should email info@bviita.vg by Monday, October 28, 2024 with the specified subject line.

Applies to

BVI Financial Institutions, responsible persons for CRS reporting, service providers, tax advisors

Deadlines

• Monday, October 28, 2024: Deadline to email advance questions for the CRS seminar to info@bviita.vg
• November 27, 2024: Date of the live CRS seminar