FATCA & CRS: how ready are you?

FATCA & CRS: how ready are you? Click on the image to take the survey

With the new era in global tax reporting, Thomson Reuters is conducting a survey to gauge the level of the industry’s readiness for FATCA and CRS. Evolving global regulations around tax transparency are challenging organisations around the world to implement new procedures. Are you ready?

We are calling on you to help us create a comprehensive study on the subject – the survey aims to identify needs, gaps and challenges in the international tax reporting process. Your insight will help establish the industry’s readiness for reporting as well as a baseline from which to judge your own organisation’s status.

No lengthy registration is required and the survey is blissfully brief – we know your time is valuable. You’ll then receive a full copy of the report, which we hope you will find useful for your FATCA and CRS planning.

The closing date is Monday, 11th April.

This is an internal research programme, so Thomson Reuters will not share any contact details or sensitive data with any third party.

Click here to take the survey

  • Stephen Kish 24 March, 2016 at 1453

    I suggest that readers consider an alternate strategy:

    Help our organization (Alliance for the Defence of Canadian Sovereignty http://www.adcs-adsc.ca) defeat a FATCA IGA in Canada Federal Court.

    We are suing the Government of Canada for complying, under threat of economic sanction from U.S., with the U.S. FATCA law, and turning over Canadian citizens to the U.S. IRS without their consent.

    We already have sufficient funds for the Federal Court stage and am now seeking Canadian Witnesses willing to provide an affidavit explaining how FATCA has caused them harm.

    Please pass on this request for Witnesses to your Canadian clients who can contact me at stephen.kish.chair@adcs-adsc.ca

  • Tom Alciere 24 March, 2016 at 1633

    The real problem is the inter-governmental agreements (IGA’s) whereby the local government requires all its banks to comply with U.S.A. laws even if the banks have no assets in the U.S.A. What right has a government to require obedience to a foreign power? However, plenty of countries have not signed such agreements and in some of those countries there are banks that are very ready: No compliance, no GIIN, nothing. The borders of the U.S.A. are the borders of the U.S.A. These can be found on the website linked from this post.

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