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  4. Cayman Islands CRS and FATCA reporting deadlines extended

Cayman Islands CRS and FATCA reporting deadlines extended

05 Nov 2020
|

The reporting deadlines for CRS and FATCA have been extended to16 December 2020 (they were previously 16 November 2020).

The reports must be made through the new DITC portal, which will open in early November. Principal Points of Contact and Authorised Persons who held an account on the former AEOI Portal will receive an account activation email from the DITC with steps on how to access the new DITC Portal.

For new financial institutions formed prior to March 2020, the deadline for registration has also been extended to 16 December 2020. For new CRS and FATCA notifications, users will need to register via the “CRS & FATCA Registration” on the DITC website.

The CRS compliance form filing deadline has been extended to 31 March 2021 (it was previously 31 December 2020).

Please contact your usual Harneys representative if you need assistance with your filing.

Authors

Carolynn Vivian
Partner | Cayman Islands