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Frequently Asked Questions Comprehensive Reusable Tenant Screening Reports (CRTs) Washington State Law (ESB 6413) effective date June 9, 2016Q: What is included in a CRTs? A: As defined by law, the

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What is crtsr?

CRTSR stands for Common Reporting Standard and it is an information-sharing framework for automatic exchange of financial account information between participating jurisdictions.

Who is required to file crtsr?

Financial institutions, such as banks, investment funds, and insurance companies, are required to file crtsr.

How to fill out crtsr?

To fill out crtsr, financial institutions must collect relevant financial account information from their customers and report it to the tax authorities.

What is the purpose of crtsr?

The purpose of crtsr is to prevent tax evasion by ensuring that financial account information is reported and shared across different countries.

What information must be reported on crtsr?

Information such as account balances, interest, dividends, and other financial income must be reported on crtsr.

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