New list of reportable jurisdictions to be taken into account for your 2020 declaration
Ministerial Order no. 2019-1080, published in the Journal de Monaco on December 27, 2019, updates the lists of countries applicable under CRS regulations.
This new publication brings two major changes:
> Find the complete and updated lists here <
This new publication brings two major changes:
1. Israel: a new reportable jurisdiction
Israel has been added to the list of reportable jurisdictions. This country will be subject to CRS reporting from 2020 onwards, based on information from 2019.
2. 6 reportable jurisdictions become non-reciprocal
Six jurisdictions, which were reportable jurisdictions in 2019, become non-reciprocal jurisdictions from 2020. This means that these countries will no longer be subject to CRS reporting in 2020 on the basis of 2019 information.
These are the following jurisdictions:
- Aruba
- Curaçao
- Turks and Caicos Islands
- Lebanon
- Montserrat
- Nauru
We wish you a wonderful year 2020!