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Recent Articles
April 2024
March 2024
29 Mar - France: Updated CRS technical guidance
28 Mar - South Africa: FATCA and CRS third party data submission period
25 Mar - Cayman Islands: Updated FATCA and CRS guidance
22 Mar - United States: IRS updates FAQ on QI/WP/WT website to provide guidance on WP/WT agreement renewals
21 Mar - Finland: Updated FATCA and CRS technical guidance
20 Mar - Anguilla: FATCA and CRS reporting deadline remains 31 May 2024
19 Mar - Bahamas: Updated FATCA and CRS reporting deadlines
19 Mar - Germany: Updated CRS communication manual
19 Mar - Luxembourg: Tax authorities begin FATCA and CRS audits
15 Mar - UK: Consultation on cryptoasset reporting framework (CARF) and CRS amendments
14 Mar - British Virgin Islands: CRS categorization update in BVIFARS portal
14 Mar - United States: IRS adds FAQ to QI / WP / WT FAQs website
12 Mar - Liechtenstein: Updated AEOI correction and deletion procedures
11 Mar - British Virgin Islands: Deployment of payment module on BVIFars portal postponed
7 Mar - France: Updated FATCA reporting technical guidance
6 Mar - Channel Islands: FATCA and CRS deadlines and reporting requirements (Guernsey)
6 Mar - India: Centralization of FATCA and CRS self-certifications
6 Mar - Saint Kitts and Nevis: Updated AEOI compliance form guidelines
5 Mar - Barbados: Removal from Financial Action Task Force’s grey list
4 Mar - Malta: Updated automatic exchange of information (AEOI) implementing guidelines
1 Mar - Switzerland: Suspension of tax information with Hong Kong and Singapore
February 2024
28 Feb - Hungary: Updated CRS filing instructions
28 Feb - Romania: FATCA and CRS reporting deadline is 15 May 2024
27 Feb - United States: Administrative exemption from requirement to electronically file Form 1042
26 Feb - Hungary: Updated FATCA filing instructions
13 Feb - Channel Islands: Updated FATCA and CRS practical guidance; common errors in reporting (Jersey)
8 Feb - Singapore: Reminder that deadline for CRS registration is 31 March 2024
January 2024
31 Jan - Finland: FATCA and CRS annual information returns due 31 January 2024
25 Jan - Singapore: Updated CRS e-Tax Guide
19 Jan - Isle of Man: Updated FATCA and CRS guidance
18 Jan - Liechtenstein: Amendments to FATCA and CRS legislation
17 Jan - United States: Potential FATCA impacts of changes to Hungary and Chile treaty statuses
16 Jan - Japan: Updated CRS FAQs on AEOI reporting system
11 Jan - United States: IRS announces changes to QI / WP / WT FAQs website
4 Jan - Senegal: Commitment to start automatic exchange of information (AEOI) by 2025
2023 Articles
December 2023
26 Dec - United States: IRS extends QI/WP/WT certification due date
19 Dec - Barbados: CRS guidance on entities self-certifying as financial institutions
14 Dec - Barbados: AEOI portal open for prior year submissions until 15 December 2023
11 Dec - UK: FATCA, CRS guidance on voluntary disclosure of unpaid tax on cryptoassets
8 Dec - British Virgin Islands: Fee implementation update for BVIFars portal
7 Dec - Barbados: CRS guidance on reporting of undocumented accounts
November 2023
28 Nov - Australia: CRS reporting for uninhabited jurisdictions and undocumented accounts
28 Nov - British Virgin Islands: Reminder to update CRS categorization in BVIFARs portal
28 Nov - Germany: Updated process for reporting of missing self-certifications
14 Nov - Finland: Updated FATCA and CRS FAQs
10 Nov - OECD: Countries issue joint statement to commit to cryptoasset reporting framework by 2027
7 Nov - Australia: Updated AEOI guidance provides clarifications on IRS foreign financial institutions list
7 Nov - Panama: Removal from anti-money laundering “grey list”
October 2023
31 Oct - Cayman Islands: Removal from anti-money laundering “grey list”
31 Oct - Uruguay: AEOI portal open to CRS report submissions until 30 November 2023
30 Oct - United States: IRS adds two FAQs to QI / WP / WT FAQs website
25 Oct - Channel Islands: Reopening of FATCA and CRS reporting portal (Jersey)
18 Oct - Barbados: Guidance on deregistration of entities from AEOI portal
9 Oct - Ireland: Updated FAQs on CRS implementation
6 Oct - Bahamas: Updated FATCA and CRS reporting deadlines
5 Oct - Australia: Guidance on CRS circumvention schemes
5 Oct - UAE: Updated CRS guidance
5 Oct - United States: IRS updates “public key” for FATCA filing
4 Oct - KPMG report: Deregistering “dead” FATCA and CRS entities
September 2023
August 2023
30 Aug - Channel Islands: Closure of FATCA and CRS reporting portal (Jersey)
28 Aug - Anguilla: Suspension of tax information exchange with Russia and Belarus
25 Aug - Canada: Updated FATCA and CRS guidance
25 Aug - United States: IRS updates 2023 Form 1042-S instructions
24 Aug - United States: IRS updates FAQ extending penalty relief, Forms 1042 and 1042-S
23 Aug - Barbados: Further extension of FATCA and CRS filing deadline to 8 September 2023
22 Aug - United States: Origin of the qualified intermediary (QI) program
17 Aug - Saint Lucia: Updated CRS guidance
10 Aug - Barbados: Further extension of FATCA and CRS filing deadline to 11 August 2023
9 Aug - India: CRS clarifications
9 Aug - OECD: Cryptoasset reporting framework (CARF) updates and CRS amendments
1 Aug - Germany: Updated CRS guidance, final state exchange list
July 2023
28 Jul - Portugal: Updated FATCA and CRS user manuals
24 Jul - Ireland: Updated FATCA, CRS guidance for AEOI
24 Jul - Japan: Updated FAQs under CRS regime
21 Jul - Antigua and Barbuda: FATCA, CRS reporting deadlines extended to 19 September 2023
19 Jul - UAE: FATCA, CRS risk assessment questionnaire user guide
17 Jul - Germany: CRS reporting deadline extended to 31 August 2023
11 Jul - Barbados: FATCA and CRS filing deadline extended to 2 August 2023
10 Jul - Panama: List of reportable jurisdictions updated for 2023
June 2023
30 Jun - UAE: Updated FATCA, CRS guidance and policy manual
29 Jun - United States: FATCA IDES testing period extended to 7 July 2023
29 Jun - Panama: CRS reporting deadline extended to 15 August 2023
28 Jun - Israel: CRS reporting instructions for AEOI portal
28 Jun - Taiwan: Issues found in implementing CRS
26 Jun - Germany: Updated FATCA communication manual
20 Jun - Luxembourg: Instructions related to TIN field issued
20 Jun - Korea: Revised CRS regulations
14 Jun - British Virgin Islands: Revised updates on reporting U.S. TIN codes for FATCA purposes
14 Jun - OECD: Cryptoasset reporting framework (CARF) as international standard, revised CRS
14 Jun - Saint Vincent and the Grenadines: Extended FATCA and CRS reporting deadline
14 Jun - South Africa: Third-party data annual submissions process for AEOI closed
13 Jun - Italy: Updated FATCA, CRS technical guidance
13 Jun - UAE: Updated FATCA, CRS system registration user guide
12 Jun - Liechtenstein: Updated FATCA guidance concerning U.S. TINs
9 Jun - Saint Kitts and Nevis: FATCA and CRS reporting deadline extended to 29 August 2023
6 Jun - Spain: Bill implementing DAC7 enacted, implications for financial institutions
5 Jun - British Virgin Islands: No penalties for late filings due to BVIFars technical difficulties
May 2023
30 May - British Virgin Islands: Fee implementation update for BVIFars portal
30 May - Dominican Republic: Updated FATCA TIN codes
30 May - Luxembourg: Parliament passes bill to implement DAC7, affecting CRS
30 May - Saudi Arabia: Annual audit certification for FATCA and CRS reporting due 1 August 2023
25 May - India: Clarification of FATCA TIN code update
25 May - Saint Kitts and Nevis: AEOI deregistration form for FATCA and CRS purposes
19 May - Saint Vincent and the Grenadines: Deadline for reporting CRS and FATCA returns is 31 May 2023
18 May - South Africa: Reporting period for FATCA, CRS third-party data annual submissions process
17 May - British Virgin Islands: Updated FATCA TIN codes
16 May - Channel Islands: FATCA and CRS reporting deadline is 30 June 2023 (Guernsey)
12 May - Germany: FATCA reporting deadline is 31 July 2023
11 May - UK: Update to CRS reportable jurisdictions list
9 May - United States: FATCA IDES testing, scheduled for June 2023
5 May - Cayman Islands: Updated DITC portal user guide
5 May - UK: Amendment to CRS regulations
2 May - Singapore: FATCA and CRS return filing due 31 May 2023
April 2023
27 Apr - Saint Kitts and Nevis: AEOI compliance form guidelines
26 Apr - Barbados: AEOI portal opens for 2022 submissions in May
26 Apr - Singapore: Digital service to view status of FATCA and CRS returns
25 Apr - Peru: Updates to CRS reporting deadlines
25 Apr - Thailand: Draft legislation requiring automatic exchange of information (AEOI)
25 Apr - Uruguay: Updated CRS submission details
20 Apr - Finland: Instructions for missing U.S. TINs for FATCA purposes
20 Apr - Germany: Updated FATCA guidance
19 Apr - Mongolia: Commitment to start automatic exchange of information (AEOI) by 2026
18 Apr - Bermuda: Updated CRS guidelines (v3.0)
13 Apr - Cayman Islands: Updated FATCA and CRS deadlines
5 Apr - Honduras: FATCA reporting deadline extended to 30 April 2023
March 2023
29 Mar - Bahamas: Updated FATCA and CRS reporting deadlines
29 Mar - Germany: Updated CRS guidance
23 Mar - Singapore: Updated FATCA guidance and FAQs
21 Mar - Honduras: Updates for foreign financial institutions unable to report missing U.S. TINs
21 Mar - Isle of Man: Updated FATCA TIN codes
14 Mar - Channel Islands: Guidance on updates to U.S. TIN reporting obligations (Guernsey)
10 Mar - Mauritius: Disclosure of U.S. TINs in FATCA returns
9 Mar - Ireland: Updates to FATCA tax and duty manuals
9 Mar - Malta: Updated automatic exchange of information (AEOI) implementing guidelines
February 2023
24 Feb - Channel Islands: No change in deadline for FATCA and CRS reporting (Guernsey)
22 Feb - Australia: Updated U.S. TIN codes for FATCA purposes
22 Feb - Kenya: CRS implementing regulations effective 1 January 2023
22 Feb - South Africa: Guidance providing clarification for FATCA reporting TIN codes
20 Feb - Singapore: Reminder that new CRS reporting financial institutions must register by 31 March 2023
15 Feb - Armenia: Commitment to start automatic exchange of information (AEOI) by 2025
15 Feb - Ireland: Summaries of FATCA and CRS reporting requirements
14 Feb - United States: Link for renewal of QI agreements now live
10 Feb - Finland: Updated FATCA reporting requirements
9 Feb - UK: Updated FATCA reporting guidance
3 Feb - United States: IRS updates FAQs on QI / WP / WT website, certifications and periodic reviews
1 Feb - Malta: Updated automatic exchange of information (AEOI) implementing guidelines
January 2023
30 Jan - Australia: Updated 2023 U.S. TIN reporting requirements under FATCA regime
23 Jan - Channel Islands: FATCA and CRS compliance program for 2023 (Jersey)
23 Jan - Finland: Reminder of FATCA and CRS annual information return submission deadlines
20 Jan - United States: IRS extends due date for QI withholding agreement to 1 May 2023
19 Jan - Hungary: Updated FATCA and CRS filing instructions
19 Jan - UAE: New FATCA regulations and amended CRS regulations
13 Jan - Japan: FAQs on AEOI process for non-residents
13 Jan - Japan: Updated FAQs on AEOI reporting system under CRS regime
10 Jan - Germany: Updated FATCA guidance
5 Jan - Germany: Updated CRS guidance
4 Jan - Singapore: Updated FATCA fillable PDF form, includes tax identification number details
2022 Articles
December 2022
30 Dec - United States: Deadline for renewal of QI agreements covering 2023 through 2028
30 Dec - United States: Temporary relief for foreign financial institutions required to report U.S. TINs
20 Dec - Canada: Updated FATCA and CRS self-certification forms
19 Dec - UK: HMRC guidance on redaction of information under AEOI on human rights ground
13 Dec - United States: Final QI withholding agreement applicable beginning 2023 (Rev. Proc. 2022-43)
7 Dec - Liechtenstein: Updated CRS bulk reporting compression tool guide
November 2022
October 2022
28 Oct - United States: IRS issues FAQ on WP / WT renewals
28 Oct - India: Amended definition of non-reporting financial institution
26 Oct - Liechtenstein: Updated FATCA reporting technical guidance
12 Oct - United States: IRS updates FAQs on QI / WP / WT website, certifications and periodic reviews
10 Oct - OECD: Tax transparency framework for cryptoassets, proposed amendments to CRS
September 2022
30 Sep - British Virgin Islands: Updated CRS guidance notes
29 Sep - United States: IRS updates “public key” for FATCA filing
28 Sep - Finland: Updated FATCA technical guidance
28 Sep - Switzerland: Tax-related information exchange with Russia suspended
22 Sep - United States: Updated list of countries, deposit interest paid to nonresident aliens (Turkey)
15 Sep - British Virgin Islands: Reminders related to primary user update in BVIFars portal
15 Sep - Luxembourg: Increased scrutiny on FATCA and CRS compliance
14 Sep - Malta: Questionnaire on practical FATCA and CRS difficulties
7 Sep - Barbados: Deadline for filing 2021 FATCA and CRS reports extended to 12 September 2022
7 Sep - Bermuda: Reminder of 30 September 2022 deadline for filing 2021 CRS certification form
August 2022
25 Aug - Finland: Updated FATCA and CRS FAQs
24 Aug - Ireland: Updated reporting entity registration form for FATCA, CRS purposes
23 Aug - Vietnam: FATCA FAQs for 2021-2022 reporting
18 Aug - Hungary: Updated FATCA filing instructions incorporating default codes for U.S. TINs
10 Aug - British Virgin Islands: Amendments to FATCA and CRS legislation
4 Aug - UAE: AEOI portal FAQs under FATCA and CRS regimes
3 Aug - United States: Deadline for QI / WP / WT applications for 2022 is 30 September 2022
July 2022
27 Jul - Singapore: Updated FATCA document for record level errors
27 Jul - UAE: Deadline to file FATCA and CRS reports is now 15 August 2022
15 Jul - Australia: ATO self-review guide and toolkit under FATCA and CRS regimes
13 Jul - Germany: Updated CRS guidance
11 Jul - Romania: Amendments to FATCA and CRS regimes
8 Jul - Germany: Updated CRS guidance
June 2022
30 Jun - Cayman Islands: Updated CRS enforcement guidelines
30 Jun - Germany: Amendments to FATCA and CRS regimes
29 Jun - Channel Islands: FATCA and CRS reporting deadline is 30 June 2022 (Jersey)
17 Jun - Pakistan: AEOI implementation manual
9 Jun - South Africa: Third-party data annual submissions process for AEOI closed
8 Jun - British Virgin Islands: Imposition of annual fee for use of BVIFars portal delayed
7 Jun - United States: FATCA responsible officer certifications due 1 July 2022
3 Jun - Saint Lucia: Updated CRS guidance
2 Jun - Barbados: AEOI portal for 2021 submissions open until 31 August 2022
May 2022
25 May - Taiwan: Extension of CRS reporting deadline (COVID-19)
23 May - Germany: Initiation of FATCA submission reporting period 2021
19 May - UK: Amendment to FATCA and CRS regulations
16 May - China: CRS reporting deadline extended to 30 June 2022
5 May - Singapore: Updated guidance on FATCA and CRS return filing
2 May - Bermuda: CRS registration and reporting deadlines extended
2 May - Cayman Islands: Penalty regime under CRS enforcement guidelines
2 May - OECD: Comments on tax transparency framework for crypto-assets, proposed amendments to CRS
April 2022
27 Apr - United States: FATCA IDES testing, scheduled for June 2022
21 Apr - Channel Islands: No change in deadline for FATCA and CRS reporting (Guernsey)
20 Apr - Panama: List of reportable jurisdictions updated for 2022
15 Apr - Luxembourg: Implementation of TIN field instructions for FATCA reporting purposes
14 Apr - Poland: New list of states, territories subject to CRS reporting obligation for 2021
13 Apr - Cayman Islands: Updated CRS guidance
13 Apr - Luxembourg: Updated CRS FAQs
12 Apr - KPMG report: OECD’s proposed crypto-asset reporting framework
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