GENEVA, TUESDAY 17 APRIL 2018, HOTEL LE RICHEMOND, 9.00-12.30
The CRS Reporting Algorithm Explained In Multiple Simple And Complex Scenarios
Rules & Criteria To Qualify As A Reporting Financial Institution:
(Re-Classification And Dual Classification Examples)
When does automatic re-classification as passive NFE or active NFE apply?
When can an entity hold dual classification?
First Degree Reporting: Account Reporting
(Practical examples of account reporting)
cash value insurance contract,
equity interest in a trust, company and partner- ship;
non-reportable assets and entities
Second Degree Reporting: Entity Classification
(Application of the following CRS entity classifications to a trust, company and partnership: )
Reporting Financial Institution;
Non-Reporting Financial Institution;
Third Degree Reporting: Trust And Underlying Company:
(Analysis Of 14 Combinations)
Passive NFE trust, Passive NFE company;
Passive NFE trust, Investment Entity company;
Investment Entity trust, Investment Entity company;
Active NFE trust, Passive NFE company;
Active NFE trust, Active NFE company...