South Africa: CRS guide in FAQ format | KPMG | GLOBAL
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South Africa: CRS guide in FAQ format

South Africa: CRS guide in FAQ format

The South African Revenue Service (SARS) on 5 December 2016 released the final version of the common reporting standard (CRS) guide in a “frequently asked questions” (FAQ) format.


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The FAQ guide is intended to assist financial institutions in understanding the CRS regulations. The FAQ guide provides clarifications on the aspects of reporting, due diligence and the effective implementation of CRS.


Read a December 2016 report [PDF 56 KB] prepared by the KPMG member firm in South Africa

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