Taxation Administration Act 1953
Note: See section 3AA .Chapter 5 - Administration
The CRS is the Common Reporting Standard set out in Part II.B of the Standard for Automatic Exchange of Financial Account Information in Tax Matters approved by the Council of the Organisation for Economic Co-Operation and Development on 15 July 2014.
In 2015, the text of the Standard was available on the OECD ' s website (http://www.oecd.org).396-110(2)
Subject to section 396-120 , for the purposes of this Subdivision, the *CRS must be applied consistently with Part III.B (the CRS Commentary ) of the Standard for Automatic Exchange of Financial Account Information in Tax Matters.
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