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UK: Updates to AEOI guidance, “privacy notice” added

UK: Updates to AEOI guidance, “privacy notice” added

HM Revenue & Customs (HMRC) issued updates to the guidance on the automatic exchange of information (AEOI). The updates included a “privacy notice” that explains how HMRC collects and uses the personal data received from UK financial institutions and overseas tax authorities in relation to AEOI agreements.

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Read a September report [PDF 63 KB] prepared by the KPMG member firm in the UK

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