Luxembourg: Updated XSD schema guidance under FATCA and CRS regimes
Luxembourg: Updated XSD schema guidance, FATCA and CRS
The Luxembourg tax authorities issued a reminder that effective 6 January 2021, there are new versions of XSD schema for data message and status message under the FATCA and common reporting standard (CRS) regimes.
Any FATCA or CRS report that is generated using the former format rules will be rejected by the Luxembourg tax authorities.
Read a January 2021 report prepared by the KPMG member firm in Luxembourg
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