Channel Islands: Updated FATCA and CRS guidance (Guernsey)
FATCA and CRS reporting deadline for 2025 reporting period is June 30, 2026
The Guernsey Revenue Service on March 10, 2026, issued Bulletin 2026/2 reminding reporting Guernsey financial institutions that the FATCA and common reporting standard (CRS) reporting deadline for the 2025 reporting period is June 30, 2026.
The bulletin includes the following additional information:
- Registration for global intermediary identification number (GIIN)
- Extension of temporary relief and U.S. tax authority (IRS) XML schema update
- Penalties for late filing of FATCA and/or CRS reports
Read a March 2026 report prepared by the KPMG member firm in the Channel Islands