Tag: FATCA

International Tax Reporting Standards: How CRS, FATCA, and BEPS Shape Global Compliance

International Tax Reporting Standards: How CRS, FATCA, and BEPS Shape Global Compliance

International tax reporting standards like CRS, FATCA, and BEPS now require banks and corporations to automatically share financial data across borders. These rules close offshore loopholes, enforce global compliance, and now include sustainability disclosures. Ignoring them risks heavy penalties.