The Dutch tax authorities issued a “practical guide” that explains steps for financial institutions to follow in reporting information to the authorities under FATCA and common reporting standard (CRS) regimes.
The document provides details for financial institutions with regard to:
Related to the publication of the guide, the Dutch tax authorities have a new system for nil reporting that is now to be conducted via the FATCA/CRS portal.
Read an October 2019 report [PDF 58 KB] prepared by the KPMG member firm in the Netherlands
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