The tax authorities in France issued an updated version (v4.1) of FATCA technical guidance and an updated version (v2.4) of the common reporting standard (CRS) technical guidance, providing French financial institutions with technical descriptions and specifications required for the transmission of FATCA and CRS returns.
Updates to the FATCA technical guidance include:
Updates to the CRS technical guidance include:
Read a June 2020 report [PDF 82 KB] prepared by the KPMG member firm in France
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