Barbados: Deadline for pre-2021 FATCA and CRS reports extended to 15 April 2022

Barbados extended the deadline for FATCA and CRS reports for pre-2021 years until 15 April 2022

The deadline for FATCA and CRS reports for pre-2021 years extended until 15 April 2022

The Barbados Revenue Authority extended the deadline for FATCA and common reporting standard (CRS) reports for pre-2021 years until 15 April 2022, and provided associated guidance. 

Financial institutions with outstanding reports must inform the revenue authority of their intent to file a pre-2021 report, or to make a correction to a previously filed report, by sending an email to a designated mailbox. The submission must be prepared using the CRS 2.0 schema and include the specified required information.

The guidance notes that reports for the 2021 reporting year cannot be submitted at this time.

Read a March 2022 report [PDF 361 KB] prepared by a KPMG member firm in Barbados

 

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