Press Release

International Tax Authority
Release Date:
Tuesday, 8 April 2025 - 1:18pm

 

Exciting news from the International Tax Authority!

The BVIFars payment portal is now Live and ready for use.

As a reminder, all relevant entities with reporting obligations under FATCA, CRS, and CbCr are required to enroll in the BVIFars portal to fulfill their reporting obligations.

Each enrolled entity is required to pay an annual fee of $185.

· Payment must be made by June 1 each year.

· Late fees and enforcement action will be applied once the deadline is passed.

The new CRS additional information form is now available.

The new BVIFars payment user guide and the Guide to completing the additional information form (CRS Compliance Form) can be found on our website: www.bviita.vg. Select the BVIFars Tab – User manual.

Thank you for your patience. We look forward to serving you!

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