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28 Oct

Financial Institutions to Prepare for Common Reporting Standards 2.0 Requirements

The Virgin Islands will implement the OECD’s updated Common Reporting Standard (CRS 2.0) effective 1st January 2026, requiring Financial Institutions to collect new data throughout More ...
29 Jun

Payment Issues on BVIFars Portal – Alternative Options Available for Bulk Payments

The British Virgin Islands International Tax Authority (BVIITA) advises users of the BVIFARS portal about current issues with credit card payments for bulk transactions. Users More ...
08 Apr

The BVI Fars Payment Portal Is Now Live!!! The BVI Fars Payment Portal Is Now Live!!!

The BVIFars payment portal is now live. Entities with FATCA, CRS, and CbCr obligations must enroll and pay a $185 annual fee by June 1 More ...

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