Singapore and Australia to Share Data to Reduce Tax Evasion

Singapore and Australia to Share Data to Reduce Tax Evasion

Singapore and Australia to Share Data to Lower Tax Evasion The Inland Revenue Authority of Singapore (“IRAS”) and the Australian Taxation Office (“ATO”) have entered into a Competent Authority Agreement (“Agreement”) on the automatic exchange of financial account information (“AEOI”) based on the Common Reporting Standard (“CRS”). The CRS is an internationally agreed standard for…