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Taiwan Extends CRS Reporting Deadline to August 1

Taiwan Extends CRS Reporting Deadline to August 1

On May 18, 2022, the Taiwan Ministry of Finance announced its plans to extend the reporting period for 2021 financial account information related to the Common Reporting Standard (CRS) from the statutory period of June 1 to June 30, 2022, to the period of June 1 to August 1, 2022. This comes as a response to the impact that COVID-19 has had in the country. The Ministry of Finance will make a public announcement that the deadline for reporting 2021 CRS information is extended to August 1, 2022. Further, the Ministry urges filers to submit their reporting data as early as possible under permissible operating conditions.

Check out the Taiwan Ministry of Finance press release here:

https://www.mof.gov.tw/eng/singlehtml/f48d641f159a4866b1d31c0916fbcc71?cntId=c671c65ffe3846f2b1a2274b1ad87194

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Taiwan Extends CRS Reporting Deadline to August 1

This document contains general information only and is not a substitute for accounting, tax, or any other professional advice or services. The information provided is considered accurate at the time of publishing and will not be updated with new regulation requirements.

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