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In order to maximize efficiency and fight tax avoidance by allowing tax authorities to access information on clients’ assets and incomes, the OECD has introduced a standard for Automatic Exchange of Information (AEI/AEoI): the Common Reporting Standard (CRS). Partially similar to the US FATCA (Foreign Account Tax Compliance Act), CRS extends exchange of information to a much broader scale.
As global reporting solution, FiTAX CRS helps financial institutions across the world to comply with OECD and national requirements about tax reporting under CRS, and covers many jurisdictions through multi-reporting mechanisms.

Please click on the download button below to get to know more about FiTAX CRS.

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