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 standard for the automatic exchange of financial account information between jurisdictions for tax purposes, to better combat tax evasion and ensure tax compliance. Singapore has committed to implement the CRS and has been exchanging financial account information with partner jurisdictions since September 2018.
List of Reportable Jurisdictions
The list of reportable jurisdictions for the 2024 CRS information reporting, as updated on 3 February 2025, includes new additions for the reporting year 2024. Armenia (AM), Belize (BZ), Moldova (MD), Ukraine (UA) have been added to the list. Singapore Financial Institutions (SGFIs) are required to submit their reports by 31 May 2025.
The full list is as follows:
Albania (AL), Andorra (AD), Argentina (AR), Armenia (AM), Aruba (AW), Australia (AU), Austria (AT), Azerbaijan (AZ), Barbados (BB), Belgium (BE), Belize (BZ), Brazil (BR), Bulgaria (BG), Canada (CA), Chile (CL), China (CN), Colombia (CO), Cook Islands (CK), Costa Rica (CR), Croatia (HR), Curaçao (CW), Cyprus (CY), Czech Republic (CZ), Denmark (DK), Ecuador (EC), Estonia (EE), Faroe Islands (FO), Finland (FI), France (FR), Germany (DE), Ghana (GH), Gibraltar (GI), Greece (GR), Greenland (GL), Grenada (GD), Guernsey (GG).
Hong Kong (HK), Hungary (HU), Iceland (IS), India (IN), Indonesia (ID), Ireland (IE), Isle of Man (IM), Israel (IL), Italy (IT), Jamaica (JM), Japan (JP), Jersey (JE), Kazakhstan (KZ), Kenya (KE), Korea (KR), Latvia (LV), Liechtenstein (LI), Lithuania (LT), Luxembourg (LU), Malaysia (MY), Maldives (MV), Malta (MT), Mauritius (MU), Mexico (MX), Moldova (MD), Monaco (MC), Netherlands (NL), New Zealand (NZ), Nigeria (NG), Norway (NO).
Pakistan (PK), Panama (PA), Peru (PE), Poland (PL), Portugal (PT), Russian Federation (RU), Saint Kitts and Nevis (KN), Saint Lucia (LC), San Marino (SM), Saudi Arabia (SA), Seychelles (SC), Slovak Republic (SK), Slovenia (SI), South Africa (ZA), Spain (ES), Sweden (SE), Switzerland (CH), Thailand (TH), Turkey (TR), Ukraine (UA), United Kingdom (GB), Uruguay (UY).
List of Participating Jurisdictions
The updated list of participating jurisdictions includes the addition of Armenia, Moldova, and Ukraine, effective 4 February 2025.
The full list is as follows:
Albania, Andorra, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, The Bahamas, Bahrain, Barbados, Belgium, Belize, Bermuda, Brazil, British Virgin Islands, Brunei Darussalam, Bulgaria, Canada, Cayman Islands, Chile, China, Colombia, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Dominica, Ecuador, Estonia, Faroe Islands, Finland, France, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guernsey.
Hong Kong (China), Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Kazakhstan, Kenya, Korea, Kuwait, Latvia, Lebanon, Liechtenstein, Lithuania, Luxembourg, Macao (China), Malaysia, Maldives, Malta, Marshall Islands, Mauritius, Mexico, Moldova, Monaco, Montserrat, Nauru, Netherlands, New Caledonia, New Zealand, Nigeria, Norway.
Oman, Pakistan, Panama, Peru, Poland, Portugal, Qatar, Romania, Russia, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Saudi Arabia, Seychelles, Singapore, Sint Maarten, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Turks and Caicos Islands, Ukraine, United Arab Emirates, United Kingdom, Uruguay, Vanuatu.
