- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
2. In the International Tax Compliance Regulations 2015(1), for regulation 1(3)(b) substitute—
“(b)the arrangements entered into by the United Kingdom with another territory for the exchange of tax information for the purposes of the adoption and implementation of the CRS, specified in a notice published by the Commissioners (as revised or replaced from time to time);”(2)
S.I. 2015/878; relevant amending instruments are S.I. 2017/598, 2018/490, 2019/881, 2020/438, 2020/1300, 2021/485, 2022/474 and 2023/461.
The term “the CRS” is defined in regulation 1(3A) of the International Tax Compliance Regulations 2015 as the common reporting standard for the automatic exchange of financial account information developed by the Organisation for Economic Co-operation and Development (“OECD”), including the commentary on the common reporting standard. The OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters, published in 2014 is available at https://www.oecd.org/ctp/exchange-of-tax-information/standard-for-automatic-exchange-of-financial-account-information-for-tax-matters-9789264216525-en.htm and a hard copy is available for inspection at the offices of HMRC at 14 Westfield Avenue, Stratford, London E20 1HZ.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: