Centralized Tax Reporting for Common Reporting Standard (CRS)/Automatic Exchange of Information (AEOI)

Regnology CRS offers financial institutions, their branches and crypto-asset service providers across the world a centralized tax reporting solution to comply with the latest OECD and local requirements under AEOI including “CRS 2.0”.

Key benefits

  • Increased Reporting Efficiency

    An end-to-end reporting solution from data collection, data validations to secured submissions to tax authorities.

  • Compliant and Precise Reporting

    An up-to-date understanding of tax reporting requirements plus several thousand data quality and plausibility validation rules ensure the best possible reporting results.

  • Optimized Reporting Consistency

    An efficient interaction with CARF/DAC8, minimizing duplicative reporting while maintaining operational flexibility for reporting financial institutions under both frameworks.

  • Always Up to Date

    Constant monitoring of tax laws and collaboration with Big 4 firms ensures your reports keep pace with rapidly changing requirements.

  • Hyperscale Reporting Infrastructure

    Delivered through Rcloud, a secure solution offers scalability and flexibility, allowing financial institutions to adapt to evolving Tax regulatory requirements.

Features

  • Extensive Coverage

    Covering all transaction and instrument types, it also incorporates crypto assets together with the related tax rules for each jurisdiction.

  • Easy-to-Use UI

    An easy-to-use user interface simplifies the collection, processing and exchange of data.

  • Highly Automated Processing

    Streamlining the reporting process with APIs and robust features like advanced business rules identifying automatically reportable accounts and transactions, automatic corrections, reconciliation and submissions.

  • Country Specific Reporting

    Production of country specific reporting files in accordance with local regulations and guidelines.

  • Audit Trail

    With its built-in audit trail each change is logged along with details of the change.

Related solutions & services

  • Regnology Regulatory Tax

    A centralized reporting model to cover the reporting requirements of tax authorities.

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  • Regnology CESOP

    Efficient regulatory tax reporting solution to comply with the Central Electronic System of Payment Information (CESOP) requirement.

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  • Regnology Client Tax

    Streamlined client tax reporting for on-shore and off-shore accounts and all asset classes including crypto.

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Related resources

  • CRS/AEOI

    Regulatory Topic

    CRS/AEOI

    Read more
  • An industry review of CRS implementation and the way forward

    Webinar

    An industry review of CRS implementation and the way forward

    In this webinar, we address the current regulatory landscape of the CRS tax transparency initiative, the challenges that new joiners are facing and the best practices for implementing CRS requirements with other compliance practices.

    Read more

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