The British Virgin Islands’ (BVI’s) International Tax Authority has told all BVI financial institutions (FIs) that they must now include US tax identification number (TIN) information for all accounts reportable under the US Foreign Account Tax Compliance Act (FATCA), for all years from 2020 onwards. The US government's grace period for unknown TINs officially closed at the beginning of 2020, after which FIs were allowed to enter special codes in place of unknown TINs. Banks that have submitted such reports must now retrospectively correct and re-submit them...