Cyprus Extends Country-by-Country Reporting Submission Deadline for CRS

October 11, 2017 Nicolette Chasse

Share this Article
Facebook
Twitter
Email
LinkedIn
Google+

Cyprus recently announced that the submission deadline for country-by-country reporting for accounting years between January 1 2016 to October 20 2016 is extended until November 20, 2017. Submission may be completed through the Cyprus's CRS reporting portal, Ariadni.

Bermuda Announces Phasing Out of CDOT Reporting Requirements

The Bermuda Ministry of Finance currently has plans to move to a CRS-only reporting model as it begins to s...

IRS FATCA File Status Notification

Due to a VERY high volume of files coming into the IRS, the sending out of File Status Notifications by the...

Regulatory Analysis News - Delivered Weekly

Company

Thank you for subscribing!

Error - something went wrong!

Other content in this Stream

Cayman Islands Updates AEOI Portal Accessibility and Communications Information

Cyprus Extends Country-by-Country Reporting Submission Deadline for CRS

Previous Article

Next Article

Other content in this Stream

The Department for International Tax Cooperation for the Cayman Islands updated their AEOI news page, announcing that the AEOI Portal continues to be offline.

The States of Guernsey recently published Bulletin 2017/7, "Common Reporting Standard and US IGA ("FATCA") Corrections for Reporting Period 2016."

Hong Kong's Inland Revenue Department recently updated Chapter 10 (Due Diligence: New Individual Accounts) of the AEOI Guidance for Financial Institutions.

The Model 1B IGA between Turkmenistan and the United States has entered into force. Model 1B IGAs create a non-reciprocal reporting obligation between the tax authority of Turkmenistan and the U.S.

Jersey recently updated its CRS Guidance Notes. The revised Guidance Notes provides links to updated regulations and summaries thereof.

The National Tax Agency of Japan issued an updated version of its "Reporting System for Automatic Exchange of Financial Account Information on Nonresidents (Provision of Reporting Matter)" FAQs.

Singapore has updated its CRS FAQs. The updated FAQs provide revised guidance on determining whether the holder of a new account is a reportable person.

Lithuania recently released Specifications for CRS reporting. The Specifications establish general reporting principles, provides sample schemas, and details how reports should be structured.

The British Virgin Islands (BVI) have announced that the BVI Financial Account Reporting System (BVIFARS) remains offline at this time.

Ireland recently updated its AEOI FAQs. The only significant change involves updated lists of participant countries for years 2017 and 2018.

Jersey recently issued the Taxation (Implementation) (International Tax Compliance) (Common Reporting Standard) (Amendment) (Jersey) Regulations 2017 amending the Taxation Regulations 2015

The Hellenic Republic (Greece) recently released a series of legislation relating to AEOI reporting under CRS.

Switzerland updated its CRS Technical Guidance, providing Swiss Financial Institutions with technical descriptions and specifications required for CRS return transmissions.

New Zealand has released IR1087 specifying how FATCA is applied in New Zealand to trusts that maintain or hold financial accounts.

New Zealand has released a factsheet detailing the obligations New Zealand financial institutions to meet FATCA reporting requirements.

The Russian Duma has drafted preliminary legislation to comply with CRS through guidance notes and implementation notes.

Hong Kong released an Amendment Bill including language aimed at increasing international exchange of information and clarifying definitions of key terms to align with definitions used by CRS.

Singapore released Version 1.0 of the XML Schema necessary to comply with CRS reporting requirements as well as Guidance Notes to accompany the Schema.

The IRS recently published Notice 2017-174, which reminds all Foreign Financial Institutions (FFIs) that the due date for renewing agreements is October 24, 2017.

The Bermuda Ministry of Finance currently has plans to move to a CRS-only reporting model as it begins to shift from its current FATCA IGA Model 2 status.

Tax Compliance and Business-to-Government Regulatory Feed