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Singapore: Reporting financial institutions may begin submitting CRS returns

Singapore: Updated CRS FAQs

The Inland Revenue Authority of Singapore (IRAS) on 22 April 2019 updated a list of “frequently asked questions” (FAQs) concerning the common reporting standard (CRS) including CRS registration.


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IRAS announced that Singapore reporting financial institutions may now begin submitting CRS returns for reporting year 2018. The returns must be submitted electronically. A guide has been prepared for reporting financial institutions that provides instructions on how to submit CRS returns.

Read an April 2019 report [PDF 74 KB] prepared by the KPMG member firm in Singapore

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