The statutory deadline of Tuesday, May 31 for US FATCA reporting
obligations under the agreement between the Government of the
United States and the Government of the British Virgin Islands to
improve tax compliance and to implement FATCA has been extended to
Friday, June 17.
The International Tax Authority (ITA) of the Ministry
of Finance of the Government of the Virgin Islands has informed
all BVI Financial Institutions (BVIFIs) that have not already
submitted their filings for 2014 and 2015, to take advantage of the
extended deadlines and ensure that all relevant reportable accounts
are reported no later than June 17, 2016.
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