COMMON STANDARD ON REPORTING AND DUE …

← Back to document page

Page 1 of 22The New Zealand CRS Applied STANDARD based on the OECD s COMMON STANDARD ON REPORTING AND DUE diligence FOR financial account information also known as the COMMON REPORTING STANDARD (CRS)1modified in accordance with New Zealand legislation2 applying as at 1 July 20173This document reflects the CRS as amended by the modifications set out in Section 185O and Schedule 2 of the Tax Administration Act 1994. The reader should refer to Part 11B of the Tax Administration Act 1994 (in particular, sections 185N-185R) for further detail about the nature of their due diligence and REPORTING obligations and various options that they have available to them when carrying out such obligations.

Page 1 of 22 The New Zealand CRS Applied Standard . based on the OECD’s. COMMON STANDARD ON REPORTING AND DUE DILIGENCE FOR FINANCIAL ACCOUNT INFORMATION

  Information, Standards, Reporting, Account, Financial, Common, Diligence, Diligence for financial account information, Common standards