The Bahamas Competent Authority advises that the AEOI Portal is now open for Registration for CRS-AEOI & FATCA Registration & Submission.
Portal Opening for FATCA Registration & Submissions July 6, 2018
Portal Opening for CRS-AEOI Registration July 6, 2018
Deadline for FATCA & CRS-AEOI Registration August 3, 2018*
Closing Date for FATCA & CRS Reporting Friday August 31st 2018 5 pm EDT.
Please note that CRS filings require a separate report to be submitted for each country. A combined country report for all reportable jurisdictions is not available for submission.
The Foreign Account Tax Compliance Act (FATCA) was added to the United States Internal Revenue Code and signed into law on March 2010 as a part ofthe US Hiring Initiatives to Restore Employment Act. The goal of FATCA is to deter tax evasion by imposing information reporting requirements to the IRS on financial institutions throughout the world with respect to US persons with accounts at those institutions.Financial institutions that do not comply with the FATCA requirements…Read More