FATCA, CRS & DAC 7

The Foreign Account Tax Compliance Act (FATCA) regulations became effective 1 July 2014. 

The Common Reporting Standard (CRS) and Automatic Exchange of Information (AEoI) standards apply and impacted over 95 tax jursidictions.

DAC 7 applies to European digital platform reporting rules. It introduces an obligation on "reporting platform operators" to collect, verify and report specific information with respect to "reportable sellers" that have undertaken "relevant activities" via their platforms

Tax Identity Solutions FATCA, CRS & DAC 7 compliance is a integral component of the payee self service process and client back office, in the gathering and maintaining of up to date identity information. Our rules based identity classifications manage the complexity of compliance resulting in organizations maintaining control and staying on top of compliance with the new FATCA, CRS & DAC 7 laws.

Please contact us at inquire@lilaham.com if you are intereted in our solutions for FATCA, CRS or DAC7.