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TAX REPORTING SUITE
MODULE CRS
VERSION 1807USERSS MANUALPublished: July 2018For the latest information and to leave feedback, please visit Vogel Services at
http://www.section11.ch or https://www.trsuite.ch2
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What is module crs?
Module crs stands for Common Reporting Standard. It is an information standard for the automatic exchange of financial account information between tax authorities to help combat tax evasion.
Who is required to file module crs?
Financial institutions and certain other entities are required to file module crs if they have financial accounts held by foreign tax residents.
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Module crs can typically be filled out electronically through a secure online portal provided by the relevant tax authority.
What is the purpose of module crs?
The purpose of module crs is to improve tax compliance and deter tax evasion by ensuring that tax authorities have access to information about financial accounts held by foreign tax residents.
What information must be reported on module crs?
Information that must be reported on module crs includes account balance, interest, dividends, and other income earned on financial accounts held by foreign tax residents.
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