BVIFARS Reopened and Updated CRS Reportable Jurisdictions List Published

The BVI International Tax Authority (“ITA“) has confirmed that the British Virgin Islands Financial Account Reporting System (“BVIFARS“) has now been reopened following closures due to hurricanes Irma and Maria and is accepting both Common Reporting Standard (“CRS“) and US Foreign Account Tax Compliance Act (“FATCA“) filings. The portal can be accessed from the BVIFARS government FULL ARTICLE https://www.lexology.com/library/detail.aspx?g=045b0353-6632-4439-957c-3fd61e842e0b

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