Automatic Exchange of Information (AEOI) – KPMG Financial Services
We certainly see an accelerated push for Automatic Exchange of Information (AEOI) on a global scale. With an aim to reduce tax evasion through transparency, the Common Reporting Standard (CRS) builds on the Foreign Account Tax Compliance Act (FATCA) to take another step towards a globally coordinated approach to the automatic exchange of financial account information of customers and investors who reside in reportable jurisdictions.
Our team of highly experienced professionals help our clients make global information reporting manageable. We engage in regular dialogue with tax authorities, as well as local and international regulators and participate on industry working groups to ensure we provide clients with meaningful and valuable services. In addition, our tax specialists can help guide our clients through the full spectrum of tax issues pertaining to FATCA and CRS. We can help support clients through integrated, technology-based services, project accelerators, technical advice, communications and training methods, as well as process and control planning.
Connect with a member of our team today to understand how our team can support your business.
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