Common Reporting Standard

The Common Reporting Standard (CRS) has been initiated by the Organization for Economic Cooperation and Development (OECD) aiming at improving international tax compliance and preventing tax evasion, through the automatic exchange of information between the countries that implement CRS.

As of June 2016, 101 jurisdictions (including Luxembourg) are adopting CRS. Luxembourg was amongst the 58 jurisdictions that agreed to early adoption of the CRS and will start collecting information relating to the tax residence(s) and tax identification number(s) starting from January 1, 2016.

For more information about the Common Reporting Standard, please visit the official website of OECD

Automatic exchange of information - Administration des Contributions Directes Luxembourg