The industry advisories dated 11 January 2021 and 22 January 2021 issued by the Department for International Tax Cooperation (“DITC”) advise industry of updates in relation to the automatic exchange of information for CRS and FATCA and Economic Substance (“ES”).

This advisory provides a summary of the key points:

• Opening of DITC Portal for Economic Substance
• ES Return Deadlines
• CRS Compliance Form Deadline

Click to view full advisory