Common Reporting Standard
High Marks for Bulgaria and NRA from The OECD Global Forum
In an important stride towards global transparency and cooperation in tax matters, Bulgaria has received a laudable rating of Largely Compliant from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (GFTEITP).
Authorities to get all data on assets abroad
An estimated 60,000 Greeks - as well as many more depositors in countries around the world - are worried about the introduction of the Common Reporting Standard (CRS), which goes into effect on January 1, 2017.
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Romania, US sign agreement for improvement of international tax compliance
Romania has signed on Thursday the agreement with the United States of America for the improvement of the international tax compliance and the implementation of the FATCA (The US Foreign Account Tax Compliance Act) measures, a document that involves an automatic mutual exchange of information between the two states' tax authorities referring to the financial bodies' activity, a release sent to