The British Virgin Islands International Tax Authority (ITA) issued a notice on 11 February 2022 announcing that effective 1 September 2022, the ITA intends to introduce an annual fee of USD 185 for entities enrolled in the BVIFars Portal, which is used for FATCA, CRS, and CbC reporting. --- Notice The International Tax Authority is informing all relevant entities who are required to report under the Common Reporting Standards (CRS), Foreign Account Tax Compliance Act (FATCA), and Country-by-Country Reporting (CbCr) that Effective September 1, 2022, the International Tax Authority intends to introduce in reference to each entity enrolled in the...