The Inland Revenue Authority of Singapore (IRAS) published updated guidance regarding the Common Reporting Standard (CRS) and related requirements on 3 February 2022. This includes the following:
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The CRS registration deadline for an entity that became a Reporting SGFI between 1 January 2021 and 31 December 2021 (both dates inclusive) is 31 March 2022. Such Reporting SGFIs are reminded to apply for CRS registration by 31 March 2022. Please refer to CRS Registration section for more in…