The UAE Publishes Updated Guidance on CRS
The UAE Ministry of Finance has published updated Guidance Notes dated August 2020 for the Common Reporting Standard (CRS) for the exchange of financial account information. The UAE committed to the CRS in 2016 and signed the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA) in 2017, with the exchange of information beginning on 30 Septembe…
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