FATCA-CRS Reporting – Challenges faced by Financial Institution in India
Foreign Accounts Tax Compliance Act (FATCA) Reporting was implemented from the calendar year ended 31st Dec 2015 In India as Inter Governmental Agreement (IGA) was signed between India and US IRS during Aug’15. Common Reporting Standard (CRS) Reporting was implemented from the calendar year 2016.
20 August 2020
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