The tax authority of the British Virgin Islands issued a notice acknowledging that there is a technical error in the BVI financial account reporting system, and as a result, reporting financial institutions have been unable to upload documents or files.
The BVI tax authority announced that it is working towards resolving the error, and that a press release will be issued with the extended deadline to submit filings for the FATCA and common reporting standard (CRS) regimes when the error has been rectified.
Read a June 2019 report [PDF 76 KB] prepared by the KPMG member firm in the British Virgin Islands
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