Barbados: Updated CRS and FATCA guidance

Guidance for the 2021 and 2022 reporting periods

Guidance for the 2021 and 2022 reporting periods

The Barbados Revenue Authority has issued guidance for financial institutions regarding the Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (FATCA) submissions for the 2021 and 2022 reporting periods.

The updated guidance concerns:

  • Corrections to the CRS and FATCA reports for 2020 reporting period
  • Automatic Exchange of Information (AEOI) web portal re-opened for 2020 and prior reports
  • FATCA filings for the 2021 reporting year

Read a January 2022 report [PDF 115 KB] prepared by the KPMG member firm in Barbados

 

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