BVI ITA: 2022 list of CRS reportable and participating jurisdictions now includes Ukraine
On 1 April 2022, the BVI International Tax Authority (ITA) published its updated Common Reporting Standard (CRS) list of Participating Jurisdictions for 2022; and on 24 March 2022, it issued its updated list of CRS Reportable Jurisdictions for 2022.
As relevant to the Participating Jurisdictions
New additions to the CRS list of Participating Jurisdictions are: Armenia, Bosnia and Herzegovina, Botswana, Cabo Verde, Cameroon, Dominican Republic, El Salvador, Eswatini (Kingdom of), Georgia, Guatemala, Jamaica, Jordan, Kenya, Moldova, Mongolia, Montenegro, Namibia, Paraguay, Senegal, Serbia, Thailand, Tunisia, Uganda, and Ukraine.
The following jurisdictions were removed from the CRS list of Participating Jurisdictions: New Caledonia, St Lucia, Saint Maarten, and Trinidad and Tobago.
It is important to make a particular note that Ukraine is now a CRS Participating Jurisdiction.
As relevant to the Reportable Jurisdictions
New additions to the CRS list of Reportable Jurisdictions are: Albania, Ecuador, Grenada, and Nigeria.
The updated CRS Participating Jurisdictions list can be found here.
The updated CRS Reportable Jurisdictions list can be found here.