Singapore: Updated CRS XML schema user guide | KPMG | GLOBAL
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Singapore: Updated common reporting standard XML schema user guide

Singapore: Updated CRS XML schema user guide

The Inland Revenue Authority of Singapore (IRAS) issued the second edition of a common reporting standard (CRS) XML schema user guide that explains the information required to be included in each data element to be reported in the CRS return XML schema.


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The updated guide contains new information under Part B (XML File Preparation and Submission).

The IRAS also issued a document, “List of IRAS CRS File and Record Level Errors,” providing information about errors and how to remedy these errors when a reporting financial institution receives a notification from IRAS that the submitted CRS return has been: (1) rejected; or (2) accepted with “record level errors.”


Read a March 2018 report [PDF 73 KB] prepared by the KPMG member firm in Singapore

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