author_orbitax
Orbitax

Share This Article

British Virgin Islands Issues Release on FATCA/CRS Extensions Due to COVID-19

23 April 2020

|

Approved Changes

|

B Virgin Isl

The British Virgin Islands International Tax Authority issued a release on 20 April FATCA/CRS extensions due to COVID-19. --- 20th April 2020 FOR IMMEDIATE RELEASE On 18th March 2020, the International Tax Authority (ITA) via a Press Release activated its Business Continuity Plan (BCP) considering the Global Pandemic. As the ITA is still obliged to comply with its International obligations, by the required deadlines; the deadlines for enrolment and filing with regards to FATCA and CRS were not adjusted (i.e. May 31st – FACTA/CRS Filings, April 1st/30th – Enrollments). Being cognizant of the changes occurring around the World the ITA...