1 Day Course: CRS & FATCA Compliance & Reporting – ResearchAndMarkets.com

The “CRS
& FATCA Compliance & Reporting” training has been added
to ResearchAndMarkets.com’s offering.

The introduction of US FATCA (Foreign Account Tax Compliance Act) in
2010 saw a clamp down on US citizens evading tax by imposing a 30%
withholding tax penalty, an initiative that was to change the face of
the fight on financial crime. This regulation has spread and triggered
similar initiatives on a global level and in particular the introduction
of Common Reporting Standard (CRS) by the Organisation for Economic
Co-operation and Development (OECD), a wider global tax transparency

In February 2014, G20 finance ministers and governors endorsed the CRS
as the new global standard for the Automatic Exchange of Information
(AEoI). On May 6, 2014, forty-seven countries tentatively agreed on the
CRS initiative, an agreement to share information on residents’ assets
and incomes automatically in conformation with the standard. CRS
employed a bigger part of the existing FATCA model but with a far
ambitious reach.

This practical 1 day course provides a thorough
examination of both regimes, presenting a comparative review and
analysis of key differences and common areas. You will learn about the
requirements and solutions for complying with both regimes as well as
about the key classifications, definitions and evaluations. Conducted by
a practitioner who worked on FATCA and CRS implementation projects at
some of the major institutions the course provides real-life examples
and case studies.

Key Topics Covered

For more information about this training visit https://www.researchandmarkets.com/research/qqblxt/1_day_course_crs?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005359/en/

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