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Guernsey 'on track' for CRS effectiveness

News Team, 16/12/2022

Guernsey has been assessed and is "on track" to acheive Common Reporting Standard (CRS) effectiveness.

The Organisation for Economic Cooperation and Development's (OECD) global forum on transparency and exchange of information for tax purposes assessed Guernsey’s implementation of the standard for the automatic exchange of financial account information - more frequently known as the Common Reporting Standard (CRS).

According to the report, the island’s legal framework ...


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