Germany: CRS guidance for financial institutions | KPMG | GLOBAL
Share with your friends

Germany: CRS guidance for financial institutions

Germany: CRS guidance for financial institutions

Germany’s central tax office (BZSt) on 25 April 2017, released a newsletter—Infobrief CRS 02/2017—providing information to financial institutions about the official data set description, common reporting standard (CRS) user guide, and integration test.


Related content

According to the newsletter:

  • The Federal Ministry of Finance released the official data set description for filing CRS returns.
  • The Organisation for Economic Cooperation and Development (OECD) has released the second edition of the standard for the automatic exchange of financial information.
  • The test environment for the integration test has been made available from 15 April 2017, without restriction to all data senders.


Read a May 2017 report [PDF 92 KB] prepared by the KPMG member firm in Germany

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal