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Channel Islands: Errors concerning reporting, FATCA and CRS regimes (Guernsey)

Channel Islands: FATCA and CRS regimes (Guernsey)

The income tax authority of Guernsey issued a bulletin (2019/01) with information about the FATCA and common reporting standard (CRS) regimes. It was indicated that there were record-level errors with regard to information transmitted to the United States and reportable jurisdictions by 30 September 2018.


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Formal notices will be issued to all reporting financial institutions via the IGOR messaging facility regarding the correction of these errors.

Read a February 2019 report [PDF 76 KB] prepared by the KPMG member firm in Guernsey

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