Singapore: Updated FAQs related to FATCA and CRS

Updated FAQs concerning the FATCA and common reporting standard (CRS) regimes

Updated FAQs concerning the FATCA and common reporting standard (CRS) regimes

The Inland Revenue Authority of Singapore (IRAS) updated a set of “frequently asked questions” (FAQs) concerning the FATCA and common reporting standard (CRS) regimes.

The updates to the FATCA-related FAQs reflect items merged from the following documents:

  • FAQs for account holders
  • FAQs on provision of FATCA registration information to IRAS
  • FAQs – FATCA filing process via myTax portal
  • FATCA FAQs – general

The updates to the CRS-related FAQs reflect items merged from the following documents:

  • IRAS CRS registration FAQs
  • FAQs on the Multilateral Competent Authority Agreement (MCAA)

Read a November 2021 report [PDF 491 KB] prepared by the KPMG member firm in Singapore

 

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