As previously noted, 2017 saw the largest crackdown on Chinese capital outflows.The Department for International Tax Cooperation ("DITC") has released Version 2.0 of the Common Reporting Standard ("CRS") Guidance Notes and clarified certain areas: The Cayman Islands Automatic Exchange of Information ("AEOI") Portal will still remain offline until the beginning of May 2017 due to software upgrades.S., Europe and Asia on how best to comply with the increased volume and responsibility of CRS and FATCA reporting.With CRS filings due for the first time across fifty four countries, we have specifically seen strong interest from our global client base in delegating the AEOI function to a third party that has the resources and expertise to ensure full compliance.The deadline for correcting any errors in respect of FATCA reports for 2014 and/or 2015 is also 31 July 2017.The DITC's will provide further guidance on corrections required for certain types of FATCA reporting errors.China’s FX reserves stood at US.03 trillion, a billion increase from the month prior.According to SAFE, they believe the demand for foreign currency is now balanced.
Those accusations now form part of a comprehensive investigation by Victoria Police's Taskforce SANO. It often occurs to me that this band of defenders, who shrink with each day in number as the allegations pile up, have painted themselves into a corner and now flail about, trying to come up with something to throw back at those who would tumble down their rather shaky house of cards.
As the filing deadlines approach, the DMS ITC team would welcome the opportunity to further discuss with you, your new requirements and our ITC solutions.
KCC's Corporate Restructuring Court Documents Search provides access to thousands of historical court documents located on KCC public access websites.
But it also strikes me that when you are someone, like they are, who interprets everything in the world from a single, unshakeable, ideological standpoint, you make the erroneous assumption that everyone else does too. Journalists, unlike people who rant at clouds for a living, are constantly required to look into things that perhaps challenge our world view.
Businesses and organizations (“holders”) are required to review their records annually to determine if they possess any unclaimed property and file a report with our program.They further stated that this will be the trend going forward.