The Common Reporting Standard (CRS) promises to go way beyond FATCA’s remit to ensure global-wide tax compliance. CRS will see a significant increase in client remediation, customer due diligence and reporting obligations.
However the CRS compliance process is proving to be a little more complicated than just an extension of FATCA compliance. Check out our infographic exploring the key considerations that need to be taken into account when implementing a best practice approach to CRS Compliance.
Click here to download the full whitepaper: CRS - Implementing Best Practice Approach to CRS Compliance