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

On 28 May 2019, the South African Revenue Service (“SARS”) issued a reminder on third party data submission for the period 1 March 2018 – 28 February 2019, for the Foreign Account Tax Compliance Act (“FATCA”) and the Common Reporting Standard (“CRS”). 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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