Instructions on submitting EUSD information to the International Tax Authority

Summary

This is a short technical guidance note from the BVI International Tax Authority (ITA) explaining the step-by-step process for paying agents to prepare and submit EU Savings Directive (EUSD) disclosure forms electronically. It does not create new reporting obligations but sets out the required file-naming, encryption and transmission procedure for existing EUSD reporting.

• File naming: Save the downloaded form as [Paying Agent's Name] EUSD Savings Disclosure [Reporting Year].
• Completing the form: Enter data following the Guidance Notes on Automatic Exchange of Information under the EU Savings Directive.
• Protecting the worksheet: Use the Review tab to Protect Sheet, ensure protection of the worksheet and locked cells, and set a password.
• Encrypting the file: Zip the form using WinZip or PKZip (or Windows' built-in Compress/Add a Password feature if those programs are unavailable) and secure it with a password.
• Submission: Forward the encrypted, password-protected zip file to BVIITA@gov.vg.

Key obligations

• Save the EUSD disclosure form using the specified naming convention: [Paying Agent's Name] EUSD Savings Disclosure [Reporting Year]
• Complete the form in accordance with the Guidance Notes on Automatic Exchange of Information under the EU Savings Directive
• Password-protect the worksheet via the Review tab before submission
• Compress and password-protect the completed form as a zip file
• Submit the encrypted zip file to the ITA at BVIITA@gov.vg

Applies to

Paying Agents reporting under the EU Savings Directive