The basics of the Common Reporting Standard
What you will learn
Define what CRS is
Explain the Obligations under the CRS
How and why the CRS was established
The purpose of the CRS
Description
In this Introductory course to the Common Reporting Standard (CRS), presented by the Tax Compliance Toolkit, we will give an in-depth discussion into what the CRS is, how it came about as well as what the obligations associated with the CRS are.
The course will start off with an overview of Context into the CRS. The associated course videos’ will define what the CRS is as well as give an insight into the basic concepts.
The course progresses with an overview of the required documentation and due diligence that is required to be performed by the respective financial institutions.
Reporting is a fundamental concept under the CRS, as there are differing requirements for individuals and entities. This will be taught in great detail as to the niches of each.
As always with courses presented by the Tax Compliance Toolkit, we end off with a brief Summary and Quiz to test your knowledge and how effectively you have engaged with the course content.
It is our hope that you enjoy this course and engage with the content as best as you can. Feel free to reach out to us directly should you require any further assistance or would like to see a demo of our software.
Content