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Common Reporting Standard (CRS) Individual Selfcertification Form Barrenjoey Capital Partners Group 2021 Barrenjoey. All Rights Reserved. The Barclays logo is owned by Barclays and is used by Barrenjoey
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The Common Reporting Standard (CRS) is an global standard for the automatic exchange of financial account information between governments to combat tax evasion.
Financial institutions in participating countries are required to identify and report information about accounts held by non-resident individuals and entities.
Entities must collect relevant account holder information including personal details and tax residency status, then report this information according to the guidelines set by the local tax authority.
The purpose of the CRS is to reduce tax evasion by promoting transparency among jurisdictions and facilitating the automatic exchange of financial information.
Information that must be reported includes account holder's name, address, tax identification number, date of birth, and account balances, among other financial details.
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