On 20 November 2019, the Australian Taxation Office (“ATO”) issued an update to the Common Reporting Standard (“CRS”) reporting process. The latest CRS updates include:
In addition, on 4 December 2019, ATO reminded all Digital Service Providers (“DSP”) of the upcoming changes to the login for ATO’s online services (Link). From 13 January 2020, All DSPs will need to use the myGovID instead of AUSkey to log in to Online services. Prior to 13 January, DSPs will still need to use AUSkey.