CRS Background
CRS is the Common Reporting Standard for reporting of private equity investor information* to the tax authorities of their country of tax residence**.
* a term defined by CRS Regulations and interpreted in the context of agreements that establish partnerships, trusts and/or entities in the private equity funds context
** a term defined by common law and CRS Regulations. Read more…
The international CRS framework requires signatory countries to pass local rules aligned with the common standard. Read more…
The CRS framework and its Regulations are interpreted in general terms and also in the context of industries and transactions. See for example: