On May 17, 2022, in a keynote speech Lucy Frazer MP, Financial Secretary to the Treasury, stated that the increase in global transparency ha

On May 18, 2022, in Switzerland, the Federal Council adopted the dispatch on the introduction of the automatic exchange of information (AEoI

In May, HM Revenue and Custom (HMRC) updated its internal manual related to Tax Compliance Risk Management. This guidance is for Large Busi

On May 18, 2022, the Taiwan Ministry of Finance announced its plans to extend the reporting period for 2021 financial account information re

China’s State Administration of Taxation announced on its Multlateral Tax Data Service Platform that the deadline for submitting Common Repo

In case you missed it, the Australian Taxation Office (ATO) registered an Automatic Exchange of Information (AEOI) guide and toolkit for Rep

On May 2, 2022, the Organisation for Economic Cooperation and Development (OECD) published comments received with respect to the Crypto-Asse

On April 13, 2022, the States of Guernsey Revenue Service issued Bulletin 2022/3 under the provisions for the Foreign Account Tax Compliance

In case you missed it, the International Tax Authority (ITA) of the British Virgin Islands (BVI) published a notice for any entities required to report under the Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), and Country-by-Country Reporting (CbCr). Beginning September 1, 2022, entities required to report under these regimes and that are enrolled in the BVIFARS Portal will be subject to an annual fee of $185. The ITA intends for these fees to c

On March 31, 2022, the Cayman Tax Information Authority (TIA) published the Enforcement Guidelines in respect of the Common Reporting Standa

On March 31, 2022, the States of Guernsey Revenue Service published Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (

In March 2022, the Antigua and Barbuda Inland Revenue Department published its own Common Reporting Standard (CRS) Compliance Form that must

On March 22, 2022, the Organisation for Economic Cooperation and Development (OECD), published a public consultation document regarding...

In case you missed it, on March 17, 2022, in an effort to inflict economic pain on President Putin and his regime, the United Kingdom (UK) s

The deadlines for reporting 2021 information under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) ar

The Cayman Department of International Tax Cooperation (DITC) published a February 2022, Updates Bulletin, which includes a number of timely

The Cayman Department for International Tax Cooperation (DITC) published an updated User Guide version 9.0 for use in 2022. Important updat

Over the last few months, a number of jurisdictions have been reviewing, adjusting, and publishing new guidance regarding Automatic Exchange

On November 17, 2021, the Organization for Economic Development and Cooperation (OECD) published its 2021 Peer Review of the Automatic Excha

On October 19, 2021, the Cayman Department of International Taxation (DITC) posted an Updates Bulletin.