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Category: Regulatory Analysis

Tacoma Washington Plastic Bag Ban

Last July the City of Tacoma, Washington passed Ordinance No. 28367, a “Bring Your Own Bag Ordinance.” This law bans the distribution of disposable plastic

Germany Publishes New CRS Infobrief

The German Tax Office has published a new Infobrief containing information relevant to this year’s CRS filing season. The Infobrief covers a variety of topics,

Bulgaria Will use OECD’s CRS Schema

Bulgaria has recently announced that it will require its Reporting Financial Institutions to use the schema designed by the OECD for this month’s CRS reporting. 

Portugal Releases FATCA Schema Guidance

Portugal has released guidance for the proper formatting of FATCA XML returns.  Portuguese Financial Institutions should review the document before the July 31 due date

Spain Enacts New Mandate Regarding the SII

Spain has issued Ministerial Order HFP/2017, which establishes the technical requirements for the implementation of the Immediate Remittance of Information system, locally known as SII.