18 July 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: 8. Commonwealth of Australia 13. United States of Mexico 14. Federation of Malaysia 17. Great Duchy of Luxembourg 25. Turks and Caicos Islands 26. British Virgin Islands 28. Principality of Liechtenstein 29. Principality of Monaco 30. Macao Special Administrative Region 34. Kingdom of Netherlands 37. United Kingdom of Great Britain and Northern Ireland 38. Republic of Argentina 40. Republic of Costa Rica 43. Republic of Indonesia 45. Republic of Seychelles 47. Republic of Lithuania 49. Republic of Mauritius 51. Republic of Singapore 52. Republic of South Africa 54. Republic of Azerbaijan 62. Federal Republic of Germany 63. Federal Republic of Brazil 69. People's Republic of China 73. Saint Vincent and the Grenadines Contact Information For additional information concerning this Alert, please contact: |
Document ID: 2019-1286 |