International Tax Authority To Host Live Seminar (2024-04-29)

Summary

This is a notice from the BVI International Tax Authority (ITA) announcing a live seminar on June 5, 2024 to help financial institutions understand their Common Reporting Standard (CRS) reporting obligations. The session focuses specifically on Custodial Institutions, Depository Institutions, and Specified Insurance Companies that report through the BVIFars portal.

• Who should attend: The individual designated as responsible for meeting CRS reporting obligations in the BVIFars portal for Custodial Institutions, Depository Institutions, or Specified Insurance Companies.
• Questions in advance: Attendees are invited (not mandated) to submit questions or concerns to info@bviita.vg by May 10th, 2024, with the subject line Questions for Upcoming Seminar.
• Agenda: A detailed agenda will be circulated before the seminar once questions have been received; registration details will follow at a later date.

This is purely an informational and outreach notice; it does not itself create or amend any legal or reporting obligation, and no registration or attendance mechanism is finalized yet.

Applies to

Custodial Institutions, Depository Institutions, Specified Insurance Companies, BVI Financial Institutions reporting under CRS

Deadlines

• May 10th, 2024: Deadline to submit questions or concerns for the seminar to info@bviita.vg
• June 5th, 2024: Date of the ITA live seminar on CRS reporting obligations