July 18, 2019 Panama issues 2019 list of reportable jurisdictions for CRS reports Executive Decree 53 of 2019 introduces 41 new jurisdictions to the list of reportable jurisdictions issued in 2018.1 On June 5, 2019, Panama published, in Official Gazette No. 28789-D, Executive Decree 53 of 2019 (Decree), which establishes the list of reportable jurisdictions for Common Reporting Standard (CRS) purposes. "Reportable jurisdictions" are jurisdictions with which an agreement is in place and is identified in a published list by the Competent Authority. The Decree establishes the jurisdictions that will engage in the exchange of information during 2019 for tax year 2018 data. The Decree includes a list of 74 reportable jurisdictions: 1. Antigua and Barbuda 2. Aruba 3. Bailiwick of Guernsey 4. Bailiwick of Jersey 5. Barbados 6. Belize 7. Canada 8. Commonwealth of Australia 9. Swiss Confederation 10. United Arab Emirates 11. State of Israel 12. State of Japan 13. United States of Mexico 14. Federation of Malaysia 15. Russian Federation 16. Gibraltar 17. Great Duchy of Luxembourg 18. Grenada 19. Greenland 20. Ireland 21. Isle of Man 22. Iceland 23. Cayman Islands 24. Faroe Islands 25. Turks and Caicos Islands 26. British Virgin Islands 27. New Zealand 28. Principality of Liechtenstein 29. Principality of Monaco 30. Macao Special Administrative Region 31. Kingdom of Belgium 32. Kingdom of Denmark 33. Kingdom of Spain 34. Kingdom of Netherlands 35. Kingdom of Norway 36. Kingdom of Sweden 37. United Kingdom of Great Britain and Northern Ireland 38. Republic of Argentina 39. Czech Republic 40. Republic of Costa Rica 41. Republic of Slovenia 42. Republic of Estonia 43. Republic of Indonesia 44. Republic of India 45. Republic of Seychelles 46. Republic of Latvia 47. Republic of Lithuania 48. Republic of Malta 49. Republic of Mauritius 50. Republic of Poland 51. Republic of Singapore 52. Republic of South Africa 53. Republic of Bulgaria 54. Republic of Azerbaijan 55. Republic of Chile 56. Republic of Cyprus 57. Republic of Korea 58. Republic of Croatia 59. Republic of Finland 60. Republic of Nauru 61. Slovak Republic 62. Federal Republic of Germany 63. Federal Republic of Brazil 64. French Republic 65. Hellenic Republic 66. Italian Republic 67. Republic of Lebanon 68. Uruguay 69. People's Republic of China 70. Republic of Hungary 71. Portugal 72. Romania 73. Saint Vincent and the Grenadines 74. San Marino ———————————————
——————————————— 1 See Tax Alert 2018-1254 | |||||||||||||||||