Share with your friends

Germany: Updated CRS guidance for financial institutions

Germany: CRS guidance for financial institutions

Germany’s central tax office (BZSt) released a newsletter (Infobrief CRS 08/2019) that provides information to financial institutions concerning the common reporting standard (CRS) regime on the following topics.


Related content

  • New CRS schema from 1 January 2021 for international data exchange (from 1 December 2020 for national data transmission)
  • Changes to cancellation deliveries
  • Common mistakes leading to rejection, how to avoid or solve the errors
  • Quality of foreign tax identification numbers (TINs)

Read a November 2019 report [PDF 114 KB] prepared by the KPMG member firm in Germany

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal