Luxembourg newsflash - Common Reporting Standard

​​As you may have heard, the OECD Common Reporting Standard (“CRS”) issued last year took a big step towards a global and coordinated approach to automatic disclosure of income earned by individuals and organisations. As a measure to counter tax evasion, it builds upon other legislations aimed at information sharing, such as FATCA and the EU Savings Directive.

24/11/2015

​As you may have heard, the OECD Common Reporting Standard (“CRS”) issued last year took a big step towards a global and coordinated approach to automatic disclosure of income earned by individuals and organisations. As a measure to counter tax evasion, it builds upon other legislations aimed at information sharing, such as FATCA and the EU Savings Directive.

Should you wish to read the full newsflash, please click on the link below:

Contacts

Alain Goebel

Partner

Tax, Tax advisory, Transfer Pricing

Thierry Lesage

Partner

Tax, Tax advisory, Tax Litigation

Jan Neugebauer

Partner

Tax, Tax advisory, Tax Litigation

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