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Self Certification for Entity Clients OECD Common Reporting Standard (CRS) The OECD Common Reporting Standard (CRS) requires Deutsche Bank AG and its affiliates (collectively Deutsche Bank) to collect
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How to fill out common reporting standard crs

01
Gather all the necessary financial information required for CRS reporting.
02
Login to the CRS reporting portal or software provided by the tax authorities.
03
Follow the instructions on the portal to input the financial information accurately.
04
Check for any errors or discrepancies in the information entered before submitting.
05
Submit the CRS report within the specified deadline.

Who needs common reporting standard crs?

01
Financial institutions such as banks, investment funds, and insurance companies.
02
Individuals or entities with financial accounts or investments in foreign countries.
03
Countries participating in the Automatic Exchange of Information (AEOI) agreements.
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Common Reporting Standard (CRS) is a global standard for automatic exchange of financial account information between tax authorities to combat tax evasion.
Financial institutions such as banks, credit unions, insurance companies, and investment firms are required to file CRS reports.
CRS reports can be filled out electronically through the designated portal provided by the tax authorities.
The purpose of CRS is to ensure greater transparency in financial accounts held by individuals and entities across different countries.
Information such as account balances, interest, dividends, and income earned on financial assets must be reported on CRS.
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