United Kingdom Removes Three CRS Reportable Jurisdictions

May 23, 2017 Becca Haile

The UK HMRC has updated its list of CRS Reportable Jurisdictions in order to remove three countries from the list: Barbados, Curacao, and Niue. HMRC has decided that it will not be sharing financial account information with these three jurisdictions at this time. Financial Institutions may still send reports to HMRC containing data for accountholders from these jurisdictions, however HMRC will just decline to act upon this information.

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