CRS allows taxpayers to avoid detection as loopholes remain

Amelia Schwanke

April 26 2017

Financial institutions are busy filing their first reports to tax authorities to comply with the common reporting standard (CRS), but loopholes in the global measure mean some taxpayers can remain undetected. Amelia Schwanke highlights the gaps appearing and the jurisdictions enabling them.

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Amelia Schwanke

Amelia Schwanke worked at ITR between 2015 and 2017