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UK Extends Rules Implementing CRS!

UK Extends Rules Implementing CRS!

On April 25, 2022, the International Tax Compliance (Amendment) Regulations 2022 were made and then laid before the House of Commons on April 26, 2022. They will enter into force on May 18, 2022. These rules extend the UK legislation implementing its automatic exchange of information agreements relating to the Common Reporting Standard (CRS), specifically to agreements entered into as of April 20, 2022.

Check out the International Tax Compliance (Amendment) Regulations 2022 here:

https://www.legislation.gov.uk/uksi/2022/474/made

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UK Extends Rules Implementing CRS!

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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