Back Společný reportovací standard Czech Common Reporting Standard German Estándar Común de Reporte Spanish Ühine aruandlusstandard Estonian Modèle de convention de l'OCDE sur l'échange de renseignements en matière fiscale French Modelo para troca de informações tributárias Portuguese Единый стандарт отчётности Russian Загальний стандарт звітності Ukrainian 共同申報準則 Chinese 共同申報準則 ZH-YUE
The Common Reporting Standard (CRS) is an information standard for the Automatic Exchange Of Information (AEOI) regarding financial accounts on a global level, between tax authorities, which the Organisation for Economic Co-operation and Development (OECD) developed in 2014.
Its purpose is to combat tax evasion. The idea was based on the US Foreign Account Tax Compliance Act (FATCA) implementation agreements and its legal basis is the Convention on Mutual Administrative Assistance in Tax Matters (MCAA). 120 countries have signed the agreement to implement, and the MCAA remains open for more countries to adopt.[1] First reporting occurred in 2017, with many of the rest starting in 2018.