CRS Archives - Fichte & Co Legal Legal Firm in Dubai Wed, 06 Sep 2023 08:50:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://fichtelegal.arraytag.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png CRS Archives - Fichte & Co Legal 32 32 Globalisation proves to be alive and kicking as OECD Common Reporting Standards enter the UAE https://fichtelegal.arraytag.com/oecd-common-reporting-standards-uae/?utm_source=rss&utm_medium=rss&utm_campaign=oecd-common-reporting-standards-uae Tue, 07 Feb 2017 08:45:20 +0000 https://fichtelegal.arraytag.com/oecd-common-reporting-standards-uae/ OECD Common Reporting Standards (or CRS) are global standards applied by financial institutions for automatic exchange of information, aimed at identifying the effective tax residence and any investment income, account balances and sales proceeds of a foreign individual or corporate account holder. The UAE has already issued primary legislation on the topic in 2012 and …

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