Germany: Updated CRS guidance
Introduction of a plausibility check on the “IN” (identification number) field of financial institutions
Plausibility check on the identification number field of financial institutions
Germany’s central tax office (BZSt) released guidance (CRS Newsletter 07/2021) with updated information concerning the common reporting standard (CRS) regime.
The updated information concerns:
- The introduction of a plausibility check on the “IN” (identification number) field of financial institutions
- An update to the communication manuals
Read a December 2021 report [PDF 121 KB] prepared by the KPMG member firm in Germany
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