Zakaria Meskine

Jersey has reopened its AEOI portal for FATCA and CRS reporting. Financial institutions can now submit or update reports for all periods. Learn how to comply and avoid penalties.

On October 3, 2024, the Uruguayan tax authority (Direccion General Impositiva—DGI) announced that its automatic exchange of information (AEOI) portal is now open for submitting Common Reporting Standard (CRS) reports. The portal will remain available until November 30, 2024

The IRS announced that manual email notifications for International Data Exchange Service (IDES) transmissions will be sent by October 15, 2024. These emails will come directly from lbi.fatca.ides@irs.gov with the subject line “Manual IDES Confirmation.”

In September 2024, the Bahamas Competent Authority announced an update regarding the FATCA and CRS deadlines. The AEOI portal for registration, submissions, and reporting will open on October 4, 2024, and will remain accessible until January 31, 2025.

Stay ahead of Costa Rica’s CRS compliance requirements with Resolution MH-DGT-RES-0019-2024. Learn the warning signs and solutions to avoid penalties, audits, and compliance risks for financial institutions

The Federal Tax Administration (FTA) of Switzerland announced on June 27, 2024, the signing of a reciprocal FATCA Model 1 Intergovernmental Agreement (IGA) with the United States.

The Federal Administration of Public Revenue (AFIP) has issued a significant announcement regarding the first automatic exchange of financial information under the Foreign Account Tax Compliance Act (FATCA) agreement between Argentina and the United States.

The Federal Administration of Public Revenue (AFIP) has announced an extension for the submission of FATCA and CRS reports for the 2023 reporting period. Financial institutions now have until July 31, 2024, to file their reports, extending the original deadline from June 30, 2024.

Discover how tax transparency is revolutionizing Africa’s revenue collection. A groundbreaking report by the OECD and the AU reveals €2.2 billion in additional tax revenue in 2023, thanks to initiatives like the automatic exchange of financial account information (AEOI). Learn about the significant progress and future potential for African economic development.