South Africa releases a reminder on third party data submission for FATCA and CRS

On 30 April 2019, the South African Revenue Service (“SARS”) issued a reminder on third party data submission for the period of 1 April 2018 to 31 May 2018, for the Foreign Account Tax Compliance Act (“FATCA”) and the Common Reporting Standard (“CRS”) (Link). SARS Third Party Data Annual Submissions process for the period 1 March 2018 – 28 February 2019. The process is currently underway and will close on 31 May 2019. Details on submission dates and the various reportable data types can be found in the table provided on the SARS website (Link).

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