Multinational Entities Financial Reporting Act 2018

Posted on: May 15, 2019

Pursuant to Sections 4(1) and 4(2) of the Multinational Entities Financial Reporting Act, 2018, constituent entities resident in The Bahamas whose reporting fiscal year began during 2018 are required to provide certain notification to the Competent Authority by 31 May, 2019. Please be advised that the country-by-country Exchange of Information portal will be available for registration at a date to be announced by the Competent Authority and until such time, there will be no penalty for failure to provide notification.



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To access the document, please click on the link below. AUTOMATIC EXCHANGE OF FINANCIAL ACCOUNT INFORMATION (Amendment) Regulations 2017 Updates to this document will be issued when available.

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Click here to view / download the document RFP – Tax Information Reporting System