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Austria: Amendments to CRS regulations

Austria: Amendments to CRS regulations

Amendments to the common reporting standard (CRS) rules are based on Organisation for Economic Co-operation and Development (OECD) recommendations.


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The amendments—generally effective 1 January 2020—reflect changes to:

  • The list of non-reporting financial institutions (five entities are removed)
  • The list of accounts that are to be treated as excluded accounts (real estate funds are removed)

Read a November 2019 report [PDF 88 KB] prepared by the KPMG member firm in Austria

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