On 1 April, ICAEW reported that the OECD had released a public consultation document looking at 2 areas to improve the automatic exchange of financial account information between the tax authorities of different jurisdictions. It concerns a new framework for the automatic exchange of information on crypto assets, known as the crypto-asset reporting framework (CARF); and extending the scope of the common reporting standard (CRS) to cover electronic money products and central bank digital currencies. 


Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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