Tool Kit on Automatic Exchange of Information

Automatic exchange of information (also called routine exchange by some countries) involves the systematic and periodic transmission of “bulk” taxpayer information by the source country to the residence country concerning various categories of income (e.g. dividends, interest, royalties, salaries, pensions, etc). [See OECD Manual on the Implementation of Exchange of Information for Tax Purposes - Module on Automatic (or Routine) Exchange of Information]

Automatic exchange of information requires the standardisation of formats in order to be efficient.

The standards, designed by the OECD, presently used by countries are the 1997 Standard Magnetic Format (SMF) which was recommended by the OECD Council C(97)30/FINAL) and the Standard Transmission based on XML which was recommended by the Committee on Fiscal Affairs in 2005. SMF and STF User Guides assist in the implementation of those standards. As the two standards are in use, bridging programs between the two standards are also available and regularly updated. 

• SMF
• SMF User Guide
• STF
• STF User Guide
• Bridging Programmes
• SMF Auto Data Analysis and Feedback Report