Exchange of information

Public comments received on misuse of residence by investment schemes to circumvent the Common Reporting Standard

 

17/04/2018 - On 19 February 2018, interested parties were invited to provide comments on a consultation document on misuse of residence by investment schemes to circumvent the Common Reporting Standard. The consultation document assessed how these schemes are used in an attempt to circumvent the CRS; identified the types of schemes that present a high risk of abuse; reminded stakeholders of the importance of correctly applying relevant CRS due diligence procedures in order to help prevent such abuse; and explained next steps the OECD will undertake to further address the issue, assisted by public input.

 

The OECD is grateful to the commentators for their input and now publishes the public comments received.

 

Related Documents