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The Single Community Program Small Grants for Community Groups APPLICATION FORM 27×01/2005 If you need any further information, contact the Grants Team at CVS on 020 7923 1962-Page 1 27×01/2005
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CLC SCP stands for Common Reporting Standard (CRS) and Common Standard on Due Diligence (CSDD) for Automatic Exchange of Financial Account Information in Tax Matters.
Financial institutions such as banks, investment entities, and certain insurance companies are required to file CLC SCP.
CLC SCP must be filled out electronically through the designated reporting portal provided by the tax authorities.
The purpose of CLC SCP is to facilitate automatic exchange of financial account information between countries to combat tax evasion.
Information such as account balances, interest income, dividends, and proceeds from the sale of financial assets must be reported on CLC SCP.
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