Iceland joins crypto-asset reporting agreement (CARF-MCAA)
According to an OECD update, Iceland signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) on 11 March 2025. The CARF standardises the reporting of tax
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US: IRS confirms US-Bulgaria CbC exchange agreement
The IRS updated its Country-by-Country Reporting (CbCR) Jurisdiction Status Table on 11 March 2025, confirming that the competent authority arrangement between the US and Bulgaria became operative on 9 September 2024. Country-by-Country
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Costa Rica: Draft resolution on CRS reporting criteria open for public consultation
Costa Rica’s tax administration (DGT) has published a draft resolution for public consultation on 4 March 2025. The resolution outlines selection criteria and risk factors for reviewing financial account reports under the Common Reporting Standard
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Singapore: IRAS adds Dominican Republic to CbC reporting exchange list
The Inland Revenue Authority of Singapore (IRAS) updated its Country-by-Country Reporting guidance page on 5 March 2025. The update includes a revised list of jurisdictions with which CbC reports (CbCR) can be automatically exchanged, adding
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Slovenia gazettes MDR MCAA in English and Slovenian
Slovenia has ratified the Multilateral Competent Authority Agreement on the Automatic Exchange Regarding CRS Avoidance Arrangements and Opaque Offshore Structures (MDR MCAA) on 13 February 2025. Signed on 9 November 2022, as published in Official
See MoreSlovenia ratifies multilateral exchange agreement on CRS avoidance and opaque offshore structures
Slovenia has published the regulation for the ratification of the Multilateral Exchange Agreement on CRS avoidance arrangements and opaque offshore structures in the official Gazette on 28 February 2025. The agreement will facilitate the annual
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New Zealand updates list of reportable jurisdictions for CRS
The Inland Revenue of New Zealand issued Order in Council No. 2025/15 on 27 February 2025, updating the list of reportable jurisdictions for the automatic exchange of financial account information under the CRS MCAA. The Common Reporting Standard
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Poland proposes changes to DAC6 disclosure rules
Poland’s Ministry of Finance has proposed amendments to the mandatory disclosure rules (MDR) for potentially aggressive tax arrangements on 17 February 2025. The draft law aims to improve relations between taxpayers and tax authorities and
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France advances CRS declaration deadline
France has shifted the annual Common Reporting Standard (CRS) declaration deadline for financial institutions from 31 July to 15 July. The change, introduced by Decree No. 2025-149, was published in the Official Journal on 19 February 2025. The
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Ireland updates guidance on automatic exchange of information
Irish Revenue has published eBrief No. 047/25 on 19 February 2025, updating its guidance on the Automatic Exchange of Information (AEOI). Exchange of Information (EOI) is the cross-border sharing of information between tax administrations to
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Switzerland expands automatic exchange of information to crypto assets
The Swiss Federal Council has submitted a proposal to Parliament to extend the international automatic exchange of information (AEOI) in tax matters. This extension, set to take effect on 1 January 2026, includes two key updates: the introduction
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EU: European Commission ends infringement case against Romania over DAC7 information exchange
The European Commission (EC) announced the closure of the infringement procedure against Romania (INFR(2024)2048) on 12 February 2025 for failing to automatically exchange information under the 2021 amendment to the 2011 Directive on Administrative
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Vietnam joins multilateral deal on CbC report exchange
The Organisation for Economic Co-operation and Development (OECD), in an update on 10 February 2025, has confirmed that Vietnam signed the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 3
See MoreSingapore: IRAS publishes FAQs on spontaneous exchange of tax information
The Inland Revenue Authority of Singapore ( IRAS) has released a set of Frequently Asked Questions (FAQs) regarding the Spontaneous Exchange of Information on 1 January 2025. Why did Singapore commit to the spontaneous exchange of
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Switzerland updates AEOI jurisdictions list, delays Uganda’s inclusion to 2026
The Swiss State Secretariat for International Finance has revised its list of jurisdictions participating in the automatic exchange of financial account information (AEOI) under the OECD's Common Reporting Standard (CRS) on 21 January 2025. AEOI,
See MoreSingapore: IRAS updates lists of reportable, participating jurisdictions for CRS
The Inland Revenue Authority of Singapore (IRAS) released updated lists of reportable and participating jurisdictions under the Common Reporting Standard (CRS) on 3 February 2005. The Common Reporting Standard (CRS) is an internationally agreed
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Russia updates tax information exchange list
Russia’s Federal Tax Service (FTS) has updated its lists of jurisdictions for tax information exchange, effective 31 December 2024. The new changes were announced through two decrees, No. IED-7-17/914 and IED-7-17/916, published on 20 December
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US: Treasury, IRS finalise digital asset reporting rules
The US Treasury Department and Internal Revenue Service (IRS) has published a document (TD 10021) finalising final regulations regarding information reporting by brokers that regularly provide services effectuating certain digital asset sales and
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