Australia: ATO self-review guide and toolkit under FATCA and CRS regimes
A self-review guide for financial institutions with FATCA and CRS regime reporting obligations
A guide for financial institutions with FATCA and CRS regime reporting obligations
The Australian Taxation Office (ATO) on 15 July 2022 released a self-review guide for financial institutions with FATCA and common reporting standard (CRS) regime reporting obligations.
The ATO’s automatic exchange of information (AEOI) self-review guide is designed to provide practical information for financial institutions under the CRS and FATCA regimes regarding how to conduct a self-review of their AEOI framework—including governance, due diligence, data, and reporting systems.
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