Michelle Bailey

Jul 24, 2024 | mondaq.com | Michelle Bailey

MG Maples Group More The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.

Jan 31, 2024 | mondaq.com | Chris Newton |Ruairi Bourke |Christopher Capewell |Michelle Bailey

请点击此处阅读简体版本 請點擊此處閱讀繁體版本 From January 2024, all relevant entities with reporting obligations in relation to the United States ("US") Foreign Account Tax Compliance Act ("FATCA"), Organisation for Economic Co-operation and Development (the "OECD") Common Reporting Standards ("CRS") and Country by Country Reporting ("CbCr") (each as implemented in British Virgin Islands ("BVI") law) will have to pay an annual fee of US$185 to use the BVI Financial Accounting Reporting System ("BVIFARS") portal...

May 26, 2023 | mondaq.com | Michelle Bailey

Automatic Exchange of Information ("AEOI") encompasses due diligence and regulatory reporting requirements under the Foreign Account Tax Compliance Act ("FATCA") and the Common Reporting Standard ("CRS"). AEOI puts a structure in place requiring Financial Institutions ("FIs") to share key financial data to aid in efforts to stamp out global tax evasion.