International Tax Authority (ITA) To Host Live Seminar For Custodial Entities (2024-03-19)

Summary

This is a notice from the BVI International Tax Authority (ITA) announcing a live seminar for Custodial Entities that must report under the Common Reporting Standards (CRS). It is informational, inviting questions in advance and providing event logistics rather than imposing new compliance requirements.

• Audience: Custodial Entities required to report under CRS, particularly the individual designated to meet CRS obligations via the BVI Fars portal
• Action requested: Submit questions or concerns in advance by email to info@bviita.vg with subject line Questions for Custodial Entities Seminar
• Event date: Seminar to be held on April 24, 2024

The notice does not create new reporting obligations beyond the existing CRS requirements; it is a courtesy invitation to a compliance support session.

Applies to

Custodial Entities reporting under the Common Reporting Standards (CRS)

Deadlines

• March 22, 2024: Deadline to submit questions in advance to info@bviita.vg for the Custodial Entities CRS seminar
• April 24, 2024: Date of the live seminar for Custodial Entities on CRS compliance