Financial Forum: The Challenges of Coping with the requirements of the Common Reporting Standard (CRS)
18 August 2017 Hilton Habtoor Grand Hotel – Beirut Lebanon
This forum will review the financial and tax background of Common Reporting Standard (CRS) for Automatic Exchange of Information for Tax Purposes, which “the Organization for Economic Co-operation and Development (OECD)” adopted as of 15 July 2014, building on the G20 request. This standard aims to enable the judicial authorities of the State to obtain data and information about the financial accounts of taxpayers subject to this standard from financial institutions and banks, and exchange of this information automatically with the judicial authorities in other countries.
It will also highlight on the latest global developments on the application of this standard and the mechanism of the financial statements trading for taxpayers between the competent authorities of various countries of the world who signed the related accord, and the preparations under way to apply both at the global or local.
This forum will highlight also the decree No 1022 issued by the Lebanese government on 21/6/2017, which defines the mechanism for applying this standard, and the guideline manual of this mechanism and the basic circular number 139 issued by BDL on July 21, 2017
This forum will be covered by experts from the Lebanese Ministry of Finance, the Lebanese banking sector, international audit firms and global solutions. (As per attached agenda).
Attending the Forum, receiving the material,
refreshments and a lunch.
SCHEDULE AND LANGUAGE:
Registration: from 8 am to 9:30 am.
Schedule: from 9:30 am to 15:00 pm daily.
Language: English and Arabic language.