Following the extension deadline of the Foreign Accounts Tax Compliance Act (“FATCA”) reporting to 30 September 2020, the MRA has now issued another communique on the 14 May 2020 to inform stakeholders that the due date for the transmission of CRS information to the MRA, regarding filing obligations under CRS, which was due on the 31 July 2020 has now also been extended to 30 September 2020 due to the exceptional situation caused by the COVID-19 pandemic.

Please click HERE to read the full MRA Communique.