The region's countries are gearing up for CRS

• Autores: Karen O'Hanlon
• Localización: The Lawyer, ISSN-e 0953-7902, Vol. 31, Nº. 24 (6/27/2016), 2016
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that the Asia-Pacific countries adopt the Common Reporting Standard (CRS) for increasing tax transparency. It mentions that CRS calls on financial institutions in participating jurisdictions to provide information to their local tax authorities. It also mentions that cross-border tax sharing requirements with the campaigns of voluntary disclosures and legal procedures to Foreign Account Tax Compliance Act (FATCA)