Automated Exchange of Information (AEoI) Reporting
PwC has developed a user friendly reporting solution for Automated Exchange of Information (AEoI) reporting - combining our extensive experience of both tax and technology innovation. AEoI reporting comprises Foreign Account Tax Compliance Act (FATCA) reporting and Common Reporting Standards (CRS) reporting.
Challenges faced by our clients
Nearly 300,000 Financial Institutions (FIs) are registered with the Internal Revenue Service (IRS) for FATCA and a similar number are impacted by CRS. The challenges these FIs face in the preparation and submission of FATCA and CRS reports across numerous jurisdictions are significant. Failure to report or providing inaccurate reports can result in penalties being applied by the local tax authority or regulator.
How we can help
With our strong focus on service, we work with you to ensure our technology and tax expertise make AEoI compliance as easy as possible for your organisation.
Robust IT infrastructure
- Penetration tested by independent parties
- In-built encryption
- Disaster recovery facilities
For further information please watch the PwC Tax Information Reporting video.
