automatic exchange of information

  • BZSt CRS Reporting: The Schema v3.0 Switch and Saint-Martin Refile

    On 9 September 2026 the Bundeszentralamt fuer Steuern (BZSt) issued CRS Newsletter 04/2026, and it carries four items relevant to BZSt CRS reporting. The Federal Ministry of Finance has published an English translation of the BMF-Schreiben that fixes the officially prescribed dataset and interface; the BMF-Schreiben dated 14 January 2026 requires version 2.0 for transmissions…

  • CARF: The New Global Tax Reporting Framework for Crypto

    Introduction The Crypto-Asset Reporting Framework (CARF) represents a fundamental shift in how crypto-asset transactions are reported across borders for tax purposes. Developed by the OECD and endorsed by the G20, CARF establishes a common standard for automatic exchange of information about crypto-asset transactions – similar in scope to the Common Reporting Standard (CRS) that transformed…