Tax Laws Amendment (Implementation of the Common Reporting Standard) Act 2016 (23 of 2016)
Schedule 1 Common Reporting Standard
Part 1 Main amendments
Taxation Administration Act 1953
5 Before section 396-1 in Schedule 1
Insert:
396-1A What this Division is about
This Division requires financial institutions to give to the Commissioner information for the purposes of:
(a) the FATCA Agreement; and
(b) the Common Reporting Standard.
Subdivision 396-A - FATCA
Guide to Subdivision 396-A
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
