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OECD Guidance for CRS Automatic Exchange in Tax Matters


On May 23, 2017 we posted May 31st Is Deadline For CRS Reporting where we discussed that two weeks before the first OECD Common Reporting Standard (CRS) reporting deadline of  May 31, there are 47 Reportable Jurisdictions for the 2017 reporting year, in respect of 2016 reportable accounts.
On April 6, 2017 the OECD released on  new guidance for Automatic Exchange of Financial Account Information in Tax Matters. To further support the consistent implementation of the Common Reporting Standard (CRS), the OECD released:

For further information on the Standard for Automatic Exchange of Financial Account Information in Tax Matters, please visit: www.oecd.org/tax/automatic-exchange/common-reporting-standard. 
 Still Have Undeclared Income from Offshore Banks or 
Companies Located in One of These Reportable Jurisdictions?
 
 
 
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Sources: 

 

Read more at: Tax Times blog

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