OECD releases data exchange formats for the global minimum tax and crypto reporting, with updated FAQs on CARF and CRS

As part of ongoing efforts to enhance tax transparency and improve international tax compliance, the OECD released two XML Schemas and associated User Guides to support the reporting and exchange of information under the Global Minimum Tax (GMT) and the Crypto-Asset Reporting Framework (CARF). This has been announced with a news release on the website of the OECD. It concerns: The GloBE Information Return (Pillar Two) Status Message XML Schema allows Competent ...