The automatic exchange of information (Common Reporting Standard (CRS)) of the OECD will impact all financial and fiduciary industry. Switzerland and more than 100 other states plan to introduce CRS by 2017 or 2018.
CRS will force most financial intermediaries but also Trustee and other estate planning entities to report a significant number of tax information through a well defined formalism and process.
CoRe Service helps you to determine who must report, what should be reported and to which administration you should do it.
Our experts are able to determine the tax residence of the taxpayer or the investor's bank account, to collect the required documentation, prepare the information to be transmitted to the competent authorities.