The United Kingdom and its Crown Dependencies and Overseas Territories and others The United Kingdom and its Crown Dependencies and Overseas Territories are all early adopters of the CRS, so for clients in those jurisdictions which were affected by UK FATCA, it is important to note that this is A “TRANSITION” YEAR which does impact […]
Read More‘UK FATCA’ – the disclosure to HMRC of information about reportable accounts held by UK taxpayers in the Crown Dependencies and Overseas Territories [ This guide was updated in October 2013]
Financial institutions in Jersey, Guernsey and the Isle of Man (the Crown Dependencies) will soon be obliged to automatically provide information to the tax authorities relating to the financial affairs of UK resident clients in respect of 2014 onwards. This is sometimes referred to as ‘UK FATCA’, as it is based on the US’s FATCA […]
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