Q3 What's New in iLEVEL
Join us for a live session highlighting new featur (...)
Customer Logins
Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Customer Logins
Asia Pacific FATCA & CRS Updates
{
"speed": 600,
"fade": true,
"dots": false,
"arrows": false,
"autoplay":true,
"autoplaySpeed":3500
}
Follow this site to understand FATCA & CRS developments and deadlines that impact Asia Pacific, while keeping an eye on global regulations that may impact your business.
This is brought to you by the Tax Solutions team at IHS Markit. They collate the latest requirements and translate the details for regional tax teams to understand what’s required to meet deadlines.
Tax Solutions by IHS Markit was designed by a team of leading industry experts to deliver comprehensive outsourcing and technology solutions for the global marketplace. They provide global experts as well as localized support in the Asia Pacific timezone.
Save this page as a favorite and visit us for the latest. Download our reminder deadlines to keep on top of your tax compliance requirements.
October 2021
September 2021
- Cayman Islands: CRS - Updated DITC Portal User Guide
- Hong Kong CRS – Updated Self-Certification Form for Controlling Persons
August 2021
June 2021
May 2021
- Australia: CRS – Updated Guidance on Due Diligence Procedures for New Accounts
- United States: IRS FATCA FAQs
- United States: Updates on Periodic Certifications and FATCA IDES Testing
April 2021
- Cayman Islands: FATCA – Updated Guidance
- Australia: FATCA – Updated Guidance
- Singapore: FATCA & CRS – Updated IRAS Documents and Reporting Timelines
- Singapore: FATCA – Updated IRAS FATCA Documents
February 2021
Tax Deadlines
| Jurisdictions | Regimes | Reporting Deadlines | |
|---|---|---|---|
| Australia | FATCA & CRS | 31 Jul 2022 | Download reminder |
| Cayman Islands | FATCA & CRS | 31 Jul 2022 | Download reminder |
| China | CRS | 31 May 2022 | Download reminder |
Hong Kong | FATCA | 31 Mar 2022 | Download reminder |
| CRS | 31 May 2022 | Download reminder | |
| Indonesia | CRS | 1 Aug 2022 | Download reminder |
Japan | FATCA | 31 Mar 2022 | Download reminder |
| CRS | 30 Apr 2022 | Download reminder | |
| Malaysia | CRS | 30 Jun 2022 | Download reminder |
| New Zealand | FATCA & CRS | 30 Jun 2022 | Download reminder |
| Singapore | FATCA & CRS | 31 May 2022 | Download reminder |
Taiwan | FATCA | 31 Mar 2022 | Download reminder |
| CRS | 30 Jun 2022 | Download reminder |
Simplify your tax compliance and due diligence process
View our holistic suite of solutions and services designed to transform your tax and compliance operations
Mandatory Document Due Diligence (MD3®)
Helping to minimize US withholding tax and FATCA exposure by validating Forms W-8, W-9, 8233, self certifications and KYC documentation
Learn more
Electronic W8 (E-W8™)
Assisting institutions in the electronic submission and automation for the solicitation, renewal and validation of IRS Forms W-8 and W-9
Learn more
Common Reporting Standard (CRS)
Assisting financial institutions in performing due diligence on their financial account holders
Learn more
Intermediary Processing Software (IPS)®
Facilitating compliance with Section 1441 rules and FATCA regulations
Learn more
Tax Withholding
Enabling financial institutions to analyze tax data elements and provide the correct withholding rate for Forms 1099 and 1042-S
Learn more
Tax Reporting
Enabling withholding agents to generate the appropriate information returns for submission to both the IRS as well as home country tax authorities for both FATCA and CRS reporting purposes.
Learn more
Transactional Tax
Simplifying and centralizing compliance obligations for transactional taxes
Tax Reclaims
Managing the entire tax reclaim lifecycle and end-to-end due diligence, withholding and reporting.
Lean more
Outsourcing
Providing end-to-end outsourcing for tax documentation and information return reporting services to support regulatory compliance
Learn more
Section 871(m)
Streamline your Section 871(m) compliance processes with our centralized solutions
Learn more
Tax Reconciliation
Automating the tax reconciliation process in a single end-to-end system.
LEARN MORE
Sign up to receive tax compliance updates and content
You may also be interested in
Tax Solutions for Cryptocurrencies
Access a suite of solutions to manage evolving cryptocurrency regulations
LEARN MORECounterparty Manager
Engage with your counterparties, exchange and track entity and onboarding information securely, and address your regulatory compliance requirements
Learn moreDigital W-8®
Automating the creation, renewal, and validation of electronic Forms W-8, W-9, and 8233 for vendor payments
Learn moreInvestor Onboarding
Digitizing the collection of subscription, KYC and tax documents for quicker onboarding and a customized, branded client experience
LEARN MOREKYC Services
Our market leading solution built on Counterparty Manager, enables you to automate, validate and integrate KYC Data using our technology
Learn moreOptical Character Recognition
Digitizing tax validation and due diligence available through MD3®and CRS due diligence solutions
Learn moreRisk & Regulatory Managed Services
Enhance your firm's efficiency, compliance and reputation with an end-to-end outsourced managed service.
LEARN MORETax Utility
Enabling counterparties to exchange validated tax documentation to support the processing of Forms W-8BEN-E, W-8IMY, W-8EXP, W-8ECI, W-9 and Common Reporting Standard (CRS)
Lean moreCustodian Solutions for Risk and Regulatory Compliance
Transform your client services and increase efficiency
LEARN MOREVendor Tax Portal
Managing tax determinations when making payments to US and foreign vendors
Learn moreExperts
Michael Muncaster
Mr. Muncaster's areas of focus include FATCA, CRS, QI reviews and remediation, mergers and acquisitions, structuring, advising on the taxation of financial arrangements including foreign exchange transactions and capital instruments, as well as the audit of taxation and tax reporting.Prior to joining IHS Markit, Mr. Muncaster was with PwC Singapore, Australia and UK. Mr. Muncaster has worked extensively with financial institutions in Australia, Singapore and Hong Kong on the implementation of FATCA and CRS programs and has extensive experience in conducting QI reviews.
Lissie Spencer
Ms. Spencer focuses on supporting Financial Institutions with their QI, FATCA and CRS compliance obligations and is experienced in advising on due diligence, reporting and remediation obligations alongside performing formal and informal external reviews.Ms. Spencer has also led the global QI compliance for a leading Financial Institution and advised on FATCA and CRS implementation across the organization.
Shawn Yip
Mr. Yip has performed FATCA, CRS and QI compliance reviews and developed implementation plans for leading financial institutions globally, while also advising on US tax and CRS queries. He has conducted numerous workshops and training sessions for financial institutions.As the Product Lead in APAC for Tax Reporting, Mr. Yip provides advice and support to financial institutions for their reporting globally.
Events
Q4 What's New in iLEVEL
Join us for a live session highlighting new featur (...)
Q2 What's New in iLEVEL
Join us for a live session highlighting new featur (...)
Q1 What's New in iLEVEL
Join us for a live session highlighting new featur (...)
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fihsmarkit.com%2ftopic%2fAPAC-tax-updates.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fihsmarkit.com%2ftopic%2fAPAC-tax-updates.html&text=Asia+Pacific+Tax+Updates+%7c+IHS+Markit+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fihsmarkit.com%2ftopic%2fAPAC-tax-updates.html","enabled":true},{"name":"email","url":"?subject=Asia Pacific Tax Updates | IHS Markit &body=http%3a%2f%2fihsmarkit.com%2ftopic%2fAPAC-tax-updates.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Asia+Pacific+Tax+Updates+%7c+IHS+Markit+ http%3a%2f%2fihsmarkit.com%2ftopic%2fAPAC-tax-updates.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}