Swiss sign ‘FATCA on steroids’ deals with Crown dependencies
Switzerland has signed joint declarations on the automatic exchange of information (AEOI), described as “FATCA on steroids”, with Jersey, Guernsey, and the Isle of Man.
CRS
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PwC makes acquisition for high speed FATCA and CRS reports
PwC has acquired software company Ellis Financial Systems in a bid to more rapidly meet new tax information reporting required under such regimes as the Foreign Account Tax Compliance Act (FATCA).
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Financial institutions must prepare for ‘FATCA on steroids’
Financial institutions around the world must ‘get their act together’ for the introduction of the OECD’s Common Reporting Standard (CRS) in seven months, Linedata has warned.