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Guernsey Issues Circulars on Changes to CbC Reporting and CRS XML Schema 2.0

02 February 2021

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Approved Changes

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Guernsey

The Guernsey Revenue Service has issued Bulletin 2021/1 concerning the change to CbC Reporting XML Schema Version 2.0, which is required for all submissions made from 1 February 2021. Bulletin 2021/2 has also been issued concerning the change to CRS XML Schema Version 2.0. Further information can be found on the CbC and CRS guidance webpages. --- Bulletin 2021/1 CbCR Schema Change & IGOR Reporting Requirements This Bulletin is issued under the provisions of Regulation 10 of The Income Tax (Approved International Agreements) (Implementation) (Country by Country Reporting) Regulations, 2016 ("the CbCR Regulations") Information Gateway Online Reporter System ("IGOR") The...