My tax information

What is tax information exchange?

The CRS (Common Reporting Standard) and FATCA (Foreign Account Tax Compliance Act) require us to ask from all of our clients about their tax residency and share information with the Tax and Customs Board if our client is a foreign tax resident. This is primarily designed to prevent tax evasion. Information exchange concerns natural persons and legal entities alike.

FATCA
CRS
  • Applicable mainly to the Member States of the EU and OECD.
  • We must identify tax residents from the respective countries.
  • The Tax and Customs Board shares the information with the Tax Board of the respective country.

More about CRS:

Website of the Ministry of Finance

Website of the OECD