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Taiwan: Consensus with Japan to implement CRS, update exempted entities

Taiwan: Consensus with Japan to implement CRS

The tax authority of Taiwan announced the following developments with respect to the common reporting standard (CRS):


Related content

  • A consensus with Japan to implement an automatic exchange of financial account information starting in 2019 under the CRS regime. Read a December 2018 report [PDF 62 KB] prepared by the KPMG member firm in Taiwan

  • The list of low-risk avoidance tax entities that will be exempted from due diligence and reporting under CRS (entities on the list include labor insurance funds, certain pension funds, and certain private school-related funds). Read a December 2018 [PDF 61 KB] prepared by the KPMG member firm in Taiwan

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