British Virgin Islands: Updates to CRS compliance procedures for 2025

Information regarding CRS risk assessment and enforcement activities and new CRS form

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January 2, 2025

The tax authority of the British Virgin Islands (BVI) on November 27, 2024, hosted a common reporting standards (CRS) webinar during which significant updates to CRS compliance procedures for the 2025 reporting season were announced.

The updates include information regarding CRS risk assessment and enforcement activities and a new CRS form.

Read a December 2024 report prepared by the KPMG member firm in the British Virgin Islands

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