France has updated its technical guidance, Transfert d’Informations to version 1.3. The new version contains some schema changes including the addition of the Address Type attribute that was previously not required, even though it is required under the OECD’s schema. Reporting French Financial Institutions, who have Reportable Accounts, should give close attention to the new guidance to ensure that their CRS returns will be accepted by the French government. In addition, please remember that France had previously delayed the CRS deadline to September 8.
About the Author
Steve’s research focuses on international tax laws with a particular emphasis on FATCA, CDOT, and CRS. Steve received his BA from The University of Vermont, and his JD from Roger Williams School of Law. He is licensed to practice law in both Massachusetts and Rhode Island.More Content by Stephen Kessinger