Taiwan MOF Announces Updated List of Participating, Reportable Jurisdictions for AEOI-CRS, Reporting Rules (04/30/2021)

The Taiwanese Ministry of Finance April 27 announced an updated list of participating and reportable jurisdictions for the automatic exchange of financial account information (AEOI) under the common reporting standards (CRS). The updated list includes the U.K. The reporting rules include: 1) the requirement for financial institutions to declare financial account information for tax residents in Australia, Japan, and the U.K. by June 30; 2) due diligence deadlines of Dec. 31, 2019, for existing high-asset financial accounts and Dec. 31, 2020, for existing low-asset and entity accounts; and 3) the requirement for financial institutions to declare and correct CRS information using the XML format version 2.0. [Taiwan, Ministry of Finance, 04/27/21]
臺灣財政部 4 月 27 日公佈了共同報告準則（ CRS ）下金融賬戶信息自動交換（ A EO I ）的最新參與和報告管轄區名單。更新的名單包括英國。申報規則包括： 1 ）金融機構申報澳洲稅務居民金融賬戶信息的要求，2 ）現有的高資產金融賬戶的盡職調查截止日期爲 2019 年 12 月 31 日，現有的低資產和實體賬戶的盡責調查截止時間爲 2020 年 12 日 31 日；金融機構申報和更正 CRS 信息的要求XML格式2.0版。[臺灣財政部 21 年 4 月 27 日]