CRS: All you need to know

The Organisation for Economic Co-operation and development (OECD) developed a new global standard on automatic exchange of information on financial accounts, between jurisdictions across the world, in an attempt to monitor offshore tax evasion. For that purpose, in 2014, several countries (see table at https://thebanks.eu/articles/automatic-exchange-of-information-on-financial-accounts), including Cyprus, signed a multilateral agreement. The OECD released a Read more about CRS: All you need to know[…]