Tax Transparency to tackle cross border and Illicit Financial transactions Asian Perspective OECD Report

Cross border Tax Transparency Asian Perspective OECD Report

Reporting Financial Institutions (RFIs) in India submit Statement of Reportable Accounts (61B) to CBDT, which in turn is shared with the participating jurisdictions, by the CBDT.

FATCA-CRS REGULATIONS COMPLIANCE by Indian Reporting Financial Institutions – Urgent Need to Ensure Quality of Data

Common Reporting Standard (CRS) Compliance by Financial Institutions is a statutory requirement.

CRS COMPLIANCE PROCEDURE FOR ENTITIES – Pre-Existing Accounts

Each country desires its residents to be tax transparent and in the process the statutory authorities introduce multiple due diligence procedures to be adopted by Financial Institutions (FI).

DUE DILIGENCE FOR FATCA-CRS COMPLIANCE – Challenges for Reporting Financial Institutions and the Remedial Measures

Reporting Financial Institutions in India are gearing up to identify reportable account holders

Blog/Compliance

Cross border Tax Transparency Asian Perspective OECD Report

FATCA-CRS REGULATIONS COMPLIANCE by Indian Reporting Financial Institutions – Urgent Need to Ensure Quality of Data

CRS COMPLIANCE PROCEDURE FOR ENTITIES – Pre-Existing Accounts

DUE DILIGENCE FOR FATCA-CRS COMPLIANCE – Challenges for Reporting Financial Institutions and the Remedial Measures

TOP 4 CHALLENGES IN FATCA-CRS Compliance in India