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Singapore – Simplified CRS and FATCA Registration and Filing Requirements for Qualified Personal Investment Companies PICs

On May 12, 2021 the Inland Revenue Authority of Singapore (IRAS) informed that (PICs) that meet certain criteria may qualified for a simplified CRS and FATCA registration and reporting.

More details will be found under the following links:

CRS Registration and Filing requirements bit.ly/3oaqway and
FATCA Registration and Filing requirements bit.ly/3oa7dhE

Please be reminded that the Reporting deadline for CRS and FATCA reporting is May 31, 2021 for the calendar year 2020.