The Australian Government Commits to OECD's Common Reporting Standard Ahead of G20 Finance Ministers' Meeting
The Australian Government has announced it will adopt the Organisation for Economic Co-operation and Development's (OECD) Common Reporting Standard for the Automatic Exchange of Financial Information (CRS), which will come into effect from 2017. Partner, Philip Diviny speaks with BRR Media about the CRS and its importance in addressing global tax avoidance. The CRS will affect banks, custodians, brokers, collective investment vehicles and insurance companies.