Automatic Exchange of Accounting Information : FATCA & CRS
Summary
System to report to tax administrations tax payer account information by countries: the USA and about 100 other countries – based on the agreements between governments
Main Functions
Tax payers’ accounts extraction
Documents due diligence, responsible officer’s evaluation
Final reporting targets definition
Report generation according to IGA and FATCA rules and reporting to the national tax administration ( automatic upload )
Key Features
Target account extraction and judgment automatization with accuracy improvement by more than 11,000 case rules application