Saint Kitts and Nevis: Possible extension of CRS reporting deadline
A possible extension of the common reporting standard (CRS) reporting deadline for the 2020 reporting period
A possible extension of the CRS reporting deadline for the 2020 reporting period
The tax authority of Saint Kitts and Nevis drafted an industry advisory indicating there could be a possible extension of the common reporting standard (CRS) reporting deadline for the 2020 reporting period.
According to the draft, the reporting deadline could potentially be extended to 29 August 2021 (from 31 May 2021).
The advisory is under discussion so the extension is not certain. Once finalized, all financial institutions will be notified of the reporting deadline (if extended) and the notice will be posted on the Inland Revenue Department website.
Read a May 2021 report [PDF 65 KB] prepared by a KPMG member firm in the Caribbean region
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