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CRS Community Resource Services 8550 Balboa Boulevard, Suite 150 Northridge, CA 91325 Phone (818) 7395182 Fax (818) 7395522 INFORMATION & REFERRAL DIRECTORY www.childguidance.org 1 P age The Child
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Start by gathering all necessary information about the child, such as their full name, date of birth, and citizenship status.
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Complete the necessary sections of the CRS (Common Reporting Standard) form for the child. This may include providing information about the child's parents or legal guardians, their country of residence, and their tax identification numbers.
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What is crs - child and?
CRS stands for Common Reporting Standard, and it is a reporting standard used to combat tax evasion.
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Financial institutions are required to file CRS reports.
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CRS reports can be filled out online through the designated reporting portal of the tax authority.
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The purpose of CRS is to promote automatic exchange of financial account information between countries to combat tax evasion.
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Information such as account balances, interest income, dividend income, and certain types of financial income must be reported on CRS.
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