This course provides a detailed exploration of the Directive on Administrative Cooperation (DAC 2) and the Common Reporting Standard (CRS), two pivotal frameworks in international tax transparency and cooperation. As global efforts to combat tax evasion intensify, DAC 2 and CRS have become essential tools for automatic exchange of financial account information between jurisdictions. Participants will gain an understanding of the origins of these frameworks, their key components, and the due diligence and reporting obligations they impose on financial institutions. The course also addresses compliance challenges, data protection concerns, and the role of technology in enhancing accuracy and efficiency. Through case studies and practical insights, learners will be equipped to navigate the complexities of DAC 2 and CRS, ensuring effective implementation, minimizing compliance risks, and contributing to global efforts against tax evasion.
- Teacher: Constantinos Avgoustou