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Updates: International Exchange of Information Manual

2024

8 August 2024 published amendments

General Approach: Legislation & Guidance

Updated link to OECD Model Rules

Tax Identification Number (TIN)

Updated OECD weblink

Reporting Process

Updated OECD web link

28 May 2024 published amendments

Reporting Process

Contact email updated.

2 May 2024 published amendments

Application for redaction

Updated application form link

26 April 2024 published amendments

17 April 2024 published amendments

Registration Process

Terminology change from Platform Reporting Service (PRS) to Digital Platform Reporting Service (DPRS).

Notification Process

Terminology change from Platform Reporting Service (PRS) to HMRC Digital Platform Reporting Service (DPRS).

Reporting Process

Update to DPRS Reporting process

Information for Sellers

Update to Information for Sellers

Who are Due Diligence Procedures Carried out on?

New sub section added - IEIM902225 - Active Seller Due Diligence

When do Due Diligence Procedures have to be Carried out?

New sub section IEIM902235 - Extended Due Diligence for Existing Sellers

2 April 2024 published amendments

Introduction

Page Archived

Who has to report?

Page Archived

Reportable Cross-Border Arrangements

Page Archived

Hallmarks

Page Archived

Reporting obligations and triggers

Page Archived

Penalties

Page Archived

Commencement

Page Archived

Disclosable arrangements legislation

Page being archived

8 March 2024 published amendments

19 February 2024 published amendments

Introduction

Short title updated

Who has to report?

short title updated

CRS Avoidance Arrangements and Opaque Offshore Structures.

short title updated

15 February 2024 published amendments

Reporting Process

spelling correction

23 January 2024 published amendments

Commencement

short title missing - updated

22 January 2024 published amendments

18 January 2024 published amendments

5 January 2024 published amendments

Common Reporting Standard: Participating Jurisdictions

updated with 2024 participating jurisdictions info

Reportable Information: Reportable Jurisdictions

list of participating jurisdictions for 2024 added

2023

19 December 2023 published amendments

Country-by-Country Reporting - Guidance on the completion of the CbC report

Guidance updated with the amendments taking effect from 01/01/2024.

5 December 2023 published amendments

28 November 2023 published amendments

21 November 2023 published amendments

Country-by-Country reporting: Exceptions to the filing obligation

link removed

Republished page to test fix to GOV.UK version

20 November 2023 published amendments

Introduction to Mandatory Disclosure Rules (MDR)

adding short title

Background to the Regulations

short title added

Introduction

short title added

Daily Penalties for Continuing Failures

short title added

Higher Penalties Where £5,000 is Inappropriately Low

adding short title

Period for Daily Penalties

short title added

Primary Penalty Regime

short title added

Overview

short title added

Penalties

short title added

Taxpayer or Intermediary

Adding a short title

When Does a Reportable Taxpayer Have to Report

adding a short title

Definition

adding a short title

International Exchange of Information Manual

updating url

13 November 2023 published amendments

6 November 2023 published amendments

1 November 2023 published amendments

Country-by-Country reporting: Exceptions to the filing obligation

Paragraph added, suggesting reviewing the requirements listed on IEIM300050 prior to filing.

9 October 2023 published amendments

Disclosable arrangements legislation

Content updated as legislation being replaced.

Introduction

Content updated as legislation being replaced.

Background to the Directive

Content updated as legislation being replaced.

Glossary and Abbreviations

Content updated as legislation being replaced.

Intermediaries

Content updated as legislation being replaced.

Definition of Intermediary

Content updated as legislation being replaced.

Promoter

Content updated as legislation being replaced.

Service Provider

Content updated as legislation being replaced.

Knowledge test

Content updated as legislation being replaced.

Reasonably expected to know

Content updated as legislation being replaced.

Groups of Companies

Content updated as legislation being replaced.

Employees

Content updated as legislation being replaced.

Partnerships

Content updated as legislation being replaced.

Limited liability partnerships

Content updated as legislation being replaced.

Practical application of rules for overseas intermediaries

Content updated as legislation being replaced.

Exclusions

Content updated as legislation being replaced.

Legal Professional Privilege

Content updated as legislation being replaced.

Registration with a professional association

Content updated as legislation being replaced.

Relevant taxpayer

Content updated as legislation being replaced.

Definition

Content updated as legislation being replaced.

Residence and UK Nexus

Content updated as legislation being replaced.

When does a relevant taxpayer have to report

Content updated as legislation being replaced.

Exclusions

Content updated as legislation being replaced.

Taxpayer or Intermediary

Content updated as legislation being replaced.

Reportable Cross-Border Arrangements

Content updated as legislation being replaced.

Definition of reportable cross-border arrangement

Content updated as legislation being replaced.

Meaning of arrangement

Content updated as legislation being replaced.

Meaning of cross-border

Content updated as legislation being replaced.

Hallmarks

Content updated as legislation being replaced.

Hallmarks

Content updated as legislation being replaced.

Main Benefit Test

Content updated as legislation being replaced.

What is the main benefit test?

Content updated as legislation being replaced.

Meaning of tax advantage

Content updated as legislation being replaced.

Policy objectives and principles of the relevant provisions

Content updated as legislation being replaced.

Meaning of main benefit

Content updated as legislation being replaced.

Interaction with UK Banking Code of Conduct

Content updated as legislation being replaced.

Hallmarks: Category A

Content updated as legislation being replaced.

Hallmark A1 – Confidentiality

Content updated as legislation being replaced.

Hallmark A3 - Standardised documentation and structures

Content updated as legislation being replaced.

Hallmarks: Category B

Content updated as legislation being replaced.

Hallmark B1 – Loss buying

Content updated as legislation being replaced.

Hallmark B3 – Circular transactions

Content updated as legislation being replaced.

Hallmarks: Category C

Content updated as legislation being replaced.

Hallmark C1 – Introduction

Content updated as legislation being replaced.

Hallmark C1 – Associated Enterprises

Content updated as legislation being replaced.

Hallmark C1 – Who is the recipient

Content updated as legislation being replaced.

Hallmark C1 – Deductible cross-border payments

Content updated as legislation being replaced.

Hallmark C1 – Preferential tax regimes

vContent updated as legislation being replaced.

Hallmark C2 – Depreciation

Content updated as legislation being replaced.

Hallmark C3 – Relief from double taxation

Content updated as legislation being replaced.

Hallmark C4 – Transfer of assets

Content updated as legislation being replaced.

Hallmark C4 – Meaning of material

Content updated as legislation being replaced.

Hallmarks: Category D

Content updated as legislation being replaced.

Hallmark D1 – Undermining reporting obligations

Content updated as legislation being replaced.

Hallmarks: Category E

Content updated as legislation being replaced.

Hallmarks under Category E – Application of UK transfer pricing rules

Content updated as legislation being replaced.

Hallmark E1 – Unilateral Safe Harbours

Content updated as legislation being replaced.

Hallmark E3 – Cross border transfers

Content updated as legislation being replaced.

Reporting obligations and triggers

Content updated as legislation being replaced.

Who has to report?

Content updated as legislation being replaced.

Meaning of made available

Content updated as legislation being replaced.

Meaning of ready for implementation

Content updated as legislation being replaced.

Meaning of first step

Content updated as legislation being replaced.

Further reporting obligation for service providers

Content updated as legislation being replaced.

Meaning of aid, assistance or advice

Content updated as legislation being replaced.

When is aid, assistance or advice given

Content updated as legislation being replaced.

Ongoing reporting obligation for intermediaries

Content updated as legislation being replaced.

Initial reporting obligations for relevant taxpayers

Content updated as legislation being replaced.

Arrangement Reference Numbers

Content updated as legislation being replaced.

Information to be reported

Content updated as legislation being replaced.

Knowledge, possession or control

Content updated as legislation being replaced.

Reporting form and manner

Content updated as legislation being replaced.

Multiple intermediaries

Content updated as legislation being replaced.

Meaning of evidence

Content updated as legislation being replaced.

Tipping Off

Content updated as legislation being replaced.

Penalties

Content updated as legislation being replaced.

Overview

Content updated as legislation being replaced.

Primary penalty regime

Content updated as legislation being replaced.

Higher penalties where £5,000 is inappropriately low

Content updated as legislation being replaced.

Period for daily penalties

Content updated as legislation being replaced.

Daily penalties for continuing failures.

Content updated as legislation being replaced.

Penalties for a failure to report under regulation 5

Content updated as legislation being replaced.

Penalties: time limits, payment and appeals

Content updated as legislation being replaced.

Appeals against penalties

Content updated as legislation being replaced.

Reasonable Excuse

Content updated as legislation being replaced.

Reasonable procedures

Content updated as legislation being replaced.

Special reduction

Content updated as legislation being replaced.

Commencement

Content updated as legislation being replaced.

Covid-19 update

Page archived.

Deferral of reporting deadlines for DAC 6.

Page archived.

19 September 2023 published amendments

15 September 2023 published amendments

11 September 2023 published amendments

Promoter

url updated

Service Provider

2 urls updated

Reference to an additional subpage added.

Partnerships

typing error corrected

2 URLs updated

Limited Liability Partnerships

TYPO CORRECTED

2 URLs updated

Exclusions

URL updated

Legal Professional Privilege

URL updated

When Does a Reportable Taxpayer Have to Report

2 URLs updated

Reporting obligations and triggers

links updated

Multiple Intermediaries

url updated

1 August 2023 published amendments

Country-by-Country reporting: Exceptions to the filing obligation

Spelling correction

Paragraph on exceptions added

27 July 2023 published amendments

24 July 2023 published amendments

20 July 2023 published amendments

Country-by-Country reporting: Master and Local files

Changed as requested by Katy Miles (LB)

12 May 2023 published amendments

2 May 2023 published amendments

18 April 2023 published amendments

13 February 2023 published amendments

3 February 2023 published amendments

Reportable Information: Tax Identification Number

=links updated

link updated

Content (body) updated.

5 January 2023 published amendments

Common Reporting Standard: Participating Jurisdictions

updated with the list of participating countries in 2022

Reportable Information: Reportable Jurisdictions

Content updated with the list of jurisdictions reportable for 2023

2022

14 December 2022 published amendments

Reportable Information: Jurisdiction

Update to link to IEIM400600

27 April 2022 published amendments

16 March 2022 published amendments

13 January 2022 published amendments

Common Reporting Standard: Participating Jurisdictions

Guidance updated with the changes applying to 2022.

Reportable Information: Reportable Jurisdictions

Update to the list of Reportable Jurisdictions for 2022.

2021

24 December 2021 published amendments

2 November 2021 published amendments

22 July 2021 published amendments

What and how to exchange: Template for exchange of tax rulings

text formatted

typo error corrected

OECD guidance file added.

19 July 2021 published amendments

What and how to exchange: Template for exchange of tax rulings

link to the template updated

link to template updated

16 July 2021 published amendments

26 May 2021 published amendments

Exchange of information: Introduction

links in processing of personal data section updated

Section re processing of personal data added.

19 May 2021 published amendments

Exchange of information core guidance

link to ICAP subpage updated

Exchange of Information: ICAP – International Compliance Assurance Programme

links updated

additional link to a subpage added

short titile added

Overview

short title added

Background

short title added

The ICAP Process

short title added

The ICAP stages

short title added

Additional action following ICAP

short title added

17 May 2021 published amendments

14 May 2021 published amendments

Exchange of information core guidance

link updated

link removed

link to ICAP guidance added

Exchange of Information: ICAP – International Compliance Assurance Programme

links removed

updating page number

13 May 2021 published amendments

Exchange of information core guidance

Subpage removed.

link added to ICAP guidance.

Exchange of Information: ICAP – International Compliance Assurance Programme

title updated

duplicated page number removed.

Background

duplicate wording in title removed

The ICAP Process

duplicate wording in title removed

The ICAP stages

duplicate page number removed

12 May 2021 published amendments

Overview

SHORT TIITLE REMOVED

duplicated reference removed

Additional action following ICAP

duplicate number removed

4 May 2021 published amendments

Covid-19 update

Updating to align with other guidance on gov.uk

26 April 2021 published amendments

Reportable Information: Tax Identification Number

Content on accounts with no TIN/dormant added.

Reportable Information: Reportable Jurisdictions

Update on jurisdictions added to the list for 2020 reporting year added to the content.

3 March 2021 published amendments

18 February 2021 published amendments

1 February 2021 published amendments

Compliance: Minor Errors

Guidance updated following the end of the transitional period.

Compliance: Significant Non-Compliance

Update following the end of the transitional period.

Protection on human rights grounds: Safeguards already in place

Update following the end of the transitional period.

Redaction of information on human rights grounds: How to apply for redaction of information

Update following the end of the transitional period.

29 January 2021 published amendments

Reportable Information: Contents

Lins to IEIM402360 archived.

Reportable Information: Reportable Account Holders

Guidance updated following end of the transitional period.

Reportable Information: Tax Identification Number

Guidance updated following the end of the transitional period.

Reportable Information: Jurisdiction

Guidance updated following the end of the transitional period.

Reportable Information: Account Balance or Value

Guidance updated following the end of the transitional period.

Reportable Information: Account Closure

Guidance updated following the end of the transitional period.

Reportable Information: Account Ceases to be Reportable

Guidance updated following the end of the transitional period.

Reportable Information: Place and Date of Birth

Guidance updated following the end of the transitional period.

Reportable Information: Custodial Account

Guidance updated following the end of the transitional period.

Reportable Information: Custodial Account: Gross Proceeds

Guidance updated following the end of the transitional period.

Reportable Information: Depository Account

Guidance updated following the end of the transitional period.

Reportable Information: Other Accounts

Guidance updated following the end of the transitional period.

Reportable Information: Non-Participating Financial Institutions

Page archived.

Links to IEIM402380 and IEIM402400 archived.

Reportable Information: Non-Participating Financial Institutions: Dividends Paid by a Financial Institution

Page archived.

Reportable Information: Non-Participating Financial Institutions: US Withholdable Payments

Page archived.

Archiving reason text added.

Due Diligence: General Requirements: Introduction

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Notifying Account Holders

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Reportable Account

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Balance or Value of Account

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Reporting Thresholds

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Elections and Process

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Reliance on Service Providers

Guidance updated following the end of the transitional period.

Due Diligence: General Requirements: Alternative Procedures for Pre-Existing Accounts

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Introduction

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Residence Address Test

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Electronic Records Search

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Hold Mail or In-Care-Of Address Only

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Higher Value Accounts: Hold Mail or In-Care-Of Address Only

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Higher Value Accounts: Lower Value Becomes Higher Value

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Individual Accounts: Higher Value Accounts: Undocumented Accounts

Guidance updated following the end of the transitional period.

Due Diligence: New Individual Accounts: Introduction

Guidance updated following the end of the transitional period.

Due Diligence: New Individual Accounts: Self Certifications

Guidance updated following the end of the transitional period.

Due Diligence: New Individual Accounts: Self Certifications: Incorrect or Unreliable

Guidance updated following the end of the transitional period.

Due Diligence: Entity Accounts: Investment Entity with Regularly Traded Securities

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Entity Accounts: Thresholds

Guidance updated following the end of the transitional period.

Due Diligence: Pre-Existing Entity Accounts: Reportable Accounts: Self-Certification

Guidance updated following the end of the transitional period.

Due Diligence: New Entity Accounts: Reportable Person

Guidance updated following the end of the transitional period.

Due Diligence: Special Due Diligence Rules: Limits on Reason to Know

Guidance updated following the end of the transitional period.

Miscellaneous: Documentary Evidence

Guidance updated following the end of the transitional period.

Miscellaneous: Mergers and Bulk Acquisitions

Guidance updated following the end of the transitional period.

Miscellaneous: Mergers and Bulk Acquisitions: Merger of CVIC

Guidance updated following the end of the transitional period.

Miscellaneous: Cash Value Insurance Contract: Prevention of Sale to Non-Resident Account Holders

Guidance updated following the end of the transitional period.

Reporting Format

Guidance updated following the end of the transitional period.

Reporting Format: FATCA Registration

Guidance updated following the end of the transitional period.

Charities: Introduction

Guidance updated following the end of the transitional period.

Charities: Definitions

Guidance updated following the end of the transitional period.

Charities: Financial Institution

Guidance updated following the end of the transitional period.

Charities: Financial Institution: Examples

Guidance updated following the end of the transitional period.

Charities: Account Holder

Guidance updated following the end of the transitional period.

Charities: Debt or equity interest in a trust

Guidance updated following the end of the transitional period.

Charities: Debt or equity interest in a trust: Indirect beneficiaries

Guidance updated following the end of the transitional period.

Charities: Reportable information

Guidance updated following the end of the transitional period.

Charities: Due diligence: Pre-existing accounts

Guidance updated following the end of the transitional period.

Charities: Due diligence: New individual accounts

Guidance updated following the end of the transitional period.

Charities: Due diligence: Self-certification

Guidance updated following the end of the transitional period.

Compliance: Introduction

Guidance updated following the end of the transitional period.

Exclusions

Updating guidance to reflect amended legislation

Residence and UK Nexus

Updates to reflect amended legislation

Exclusions

Updating to reflect amendments to the legislation.

Meaning of cross-border

Updates to reflect amendments to the legislation

Hallmarks

Updating to reflect changes to the regulations

What is the main benefit test?

Amending to reflect changes to the regulations

Meaning of tax advantage

Updating to reflect changes to the regulations

Hallmarks: Category A

Updating to reflect changes to the regulations

Hallmarks: Category B

Updating to reflect changes to the regulations

Hallmarks: Category C

Updating to reflect changes to the regulations

Hallmarks: Category E

Updating to reflect changes to the regulations

Ongoing reporting obligation for intermediaries

Updating to reflect amendments to the regulations

Information to be reported

Updating to reflect changes to the regulations

28 January 2021 published amendments

Investment Entity: Platforms

page reloaded as not showing as updated on GOV.UK.

Non-Reporting Financial Institutions: Introduction

page reloaded as not showing as updated on GOV.UK.

Non-Reporting Financial Institutions: Central Bank

page reloaded as not showing as updated on GOV.UK.

Financial Institutions: Non-Participating Financial Institutions

page reloaded as not showing as updated on GOV.UK.

Financial Accounts: Introduction

page reloaded as not showing as updated on GOV.UK.

Financial Accounts: Excluded Accounts: Retirement and Pension Accounts

Page updated following the end of the transitional period.

Financial Accounts: Excluded Accounts: Retirement and Pension Accounts: Cross Border Pensions

Guidance updated following the end of the transitional period.

Financial Accounts: Excluded Accounts: Tax Favoured Accounts

Guidance updated following the end of the transitional period.

Financial Accounts: Excluded Accounts: Qualifying Credit Cards with Unreturned Overpayments

Guidance updated following the end of the transitional period.

Financial Accounts: Excluded Accounts: Low Value Dormant Accounts

Guidance updated following the end of the transitional period.

Reportable Information: Introduction

Guidance updated following the end of the transitional period.

26 January 2021 published amendments

Timetable: Contents

Links to IEIM400510, 400540, 400550, 400555 and 444570 archived.

Timetable: Inter-Governmental Agreement dates

Page archived.

FATCA reporting

Guidance updated.

Timetable: CDOT reporting

Page archived.

Archiving reason text added.

Timetable: CDOT to CRS Transition

Page archived.

Timetable: CDOT to CRS Transition Detailed Guidance

Page archived.

Timetable: EUSD to CRS Transition

Page archived.

Timetable: CRS Reporting

Guidance updated following the end of the transitional period.

Financial Institutions: Introduction

Content updated following the end of the transitional period.

Financial Institutions: UK Financial Institutions

Page updated following the end of the transitional period.

Investment Entity: Collective Investment Schemes

Guidance updated following the end of the transitional period.

Investment Entity: Platforms

Update following change in legislation.

Non-Reporting Financial Institutions: Introduction

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Government Entity

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: International Organisations

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Central Bank

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Retirement Funds

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Qualified Credit Card Issuers

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Collective Investment Vehicles

Guidance updated following the end of the transitional period.

Non-Reporting Financial Institutions: Trustee Documented Trust

Guidance updated following the end of the transitional period.

Financial Institutions: Non-Reporting Financial Institutions: CDOT Only: CDOT Credit Unions

Page archived.

Financial Institutions: Non-Participating Financial Institutions

Guidance updated following the end of the transitional period.

Financial Accounts: Introduction

Guidance updated following the end of the transitional period.

Financial Accounts: Excluded Accounts: Introduction

Guidance updated following the end of the transitional period.

25 January 2021 published amendments

Automatic Exchange of Information: background: contents

Links to pages IEIM400060 and IEIM400100 archived.

Background: CDOT

Page archived.

Background: Common Reporting Standard

Page updated following the end of the transitional period.

Background: DAC

Page archived.

Background: How it works

Page updated following the end of the transitional period.

21 January 2021 published amendments

Spontaneous exchange of rulings: Examples

References to DAC removed following the end of the transitional period.

15 January 2021 published amendments

14 January 2021 published amendments

Customers for whom rulings should be exchanged.

Content moved from IEIM5240010 (also references to DAC removed following the end of the transitional period).

Customers for whom rulings should be exchanged: Overview

Page archived.

Spontaneous exchange of rulings: Overview

References to DAC removed following the end of the transitional period.

Spontaneous exchange of rulings: Legislative basis

References to DAC removed following the end of the transitional period.

Spontaneous exchange of rulings: Examples

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of ruling to exchange: Overview

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Ruling related to a preferential regime

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Rulings related to a unilateral Advanced Pricing Agreement

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Other rulings related to transfer pricing

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Rulings relating to permanent establishments

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Permanent establishment examples

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Foreign branch exemptions

References to DAC removed following the end of the transitional period.

Action 5 rulings: Types of rulings to exchange: Other rulings

References to DAC removed following the end of the transitional period.

Exchange of rulings under both Action 5 and the DAC: Contents

Page archived

Exchange of a ruling under both Action 5 and the DAC: Overview

Page archived.

Exchange of a ruling under both Action 5 the DAC: Example

Page archived.

What and how to exchange: Contents

Links to IEIM570200 and IEIM570250 archived.

What and how to exchange: What to exchange for the DAC

Page archived.

What and how to exchange: What to exchange for the DAC: Obtaining the information

Page archived.

What and how to exchange: When to provide details of the ruling

References to DAC removed following the end of the transitional period.

13 January 2021 published amendments

Exchange of tax rulings: Overview

References to DAC removed following the end of the transitional period.

Exchange of tax rulings: Introduction

References to DAC removed following the end of the transitional period.

Exchange of tax rulings: What is a ruling?

References to DAC removed following the end of the transitional period.

Exchange of tax rulings: Different obligations

References to DAC removed following the end of the transitional period.

Exchange of tax rulings: Obtaining the information

Page archived.

Removed as became obsolete after the end of the transitional period.

Exchange of tax rulings: With which jurisdictions to exchange

References to DAC removed following the end of the transitional period.

What is a ruling: Overview

References to DAC removed following the end of the transitional period.

What is a ruling: Definition of an advance pricing arrangement

References to DAC removed following the end of the transitional period.

What is a ruling: Types of ruling to be exchanged

References to DAC removed following the end of the transitional period.

What is a ruling: Rulings that are amended

References to DAC removed following the end of the transitional period.

What is a ruling: Rulings that are renewed

References to DAC removed following the end of the transitional period.

Customers for whom rulings should be exchanged.

links removed

Customers for whom information should be exchanged: The DAC

Page archived.

Customers for whom information should be exchanged: The DAC: Partnerships

Page archived.

7 January 2021 published amendments

Common Reporting Standard: Participating Jurisdictions

2021 lit of the participants updated and references to DAC removed

2020

18 November 2020 published amendments

Hallmark E1 – Unilateral Safe Harbours

Wording clarified

Additional guidance added

Hallmark E2 – Hard-to-value intangibles

Additional guidance added

Hallmark E3 – Cross border transfers

Additional guidance added

28 October 2020 published amendments

Multiple intermediaries

Added to contents

Updated contents

23 October 2020 published amendments

Knowledge test

Additional information on reason to know test.

Practical application of rules for overseas intermediaries

Update to final paragraph on practical application.

Multiple intermediaries

Adding new sub page

Meaning of evidence

Additional guidance on relying on another intermediary's assessment.

13 October 2020 published amendments

Exchange of Information: Outward requests: How to make a request

update to link to a template

link to a template updated

6 July 2020 published amendments

Hallmark C2 – Depreciation

Formatting the text

Information to be reported

formatting text

1 July 2020 published amendments

Disclosable arrangements legislation

archiving removed

New section of the manual uploaded.

30 June 2020 published amendments

8 June 2020 published amendments

Country-by-Country reporting: Voluntary filing of CbC reports

Page number altered to allow for additional pages to be added

13 May 2020 published amendments

Covid-19 update

Paragraph re Commission added as agreed by HMT now

23 April 2020 published amendments

Financial Accounts: Excluded Accounts: Introduction

Update for April 2020 uploaded (body text)

Financial Accounts: Excluded Accounts: Tax Favoured Accounts

update of the text in Body section

6 March 2020 published amendments

12 February 2020 published amendments

Notification requirement: Specified Relevant Persons: Contents

Links to pages IEIM602010, IEIM602020. IEIM602030, IEIM602040 and IEIM602060 archived.

Notification requirement: Specified Relevant Persons: Summary

Page archived.

Notification requirement: Specified Relevant Persons

Page archived.

Notification requirement: Specified Relevant Persons: Notifications sent by different parts of the same business

Page archived.

Notification requirement: Specified Relevant Persons: Legal firms and other non-tax advisory businesses

Page archived.

Notification requirement: Specified Relevant Persons: Group services companies

Page archived.

Notification requirement: Specified Relevant Persons: Overseas Specified Relevant Persons who are bodies corporate or partnerships

Page archived.

Notification requirement: Meaning of offshore advice or services: contents

Links to pages IEIM603010, IEIM603010, IEIM603030, IEIM603040, IEIM603050 archived.

Page archived.

Notification requirement: Meaning of offshore advice or services: Summary

Page archived.

Notification requirement: Meaning of offshore advice or services: Offshore advice or services

Page archived.

Notification requirement: Meaning of offshore advice or services: Services solely in preparation of a tax return

Page archived.

Notification requirement: Meaning of offshore advice or services: Meanings of ‘participating jurisdiction’ and ‘financial account’

Page archived.

Notification requirement: Advice or services provided to staff

Link to page 604010 archived.

Notification requirement: Flowcharts: Contents

Links to pages IEIM605020 and IEIM605030 archived.

Page archived.

Notification requirement: meaning of Relevant Person and Specified Relevant Person: flowcharts

Page archived.

Notification requirement: meaning of Relevant Person and Specified Relevant Person: flowcharts

Page archived.

11 February 2020 published amendments

Notifying clients about the Common Reporting Standard and related matters: Contents

Links to 600110, 600120 and 600130 archived

Archiving reason text added

Notifying clients about the Common Reporting Standard and related matters: Summary

Archiving reason text added

Notifying clients about the Common Reporting Standard and related matters: Background

Page archived.

Notifying clients about the Common Reporting Standard and related matters: Further guidance

Page archived.

Notification requirement: Scope and requirements: Contents

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10 February 2020 published amendments

2019

30 December 2019 published amendments

Common Reporting Standard: Participating Jurisdictions

2020 Participating Jurisdictions added.

Financial Accounts: Excluded Accounts: Introduction

Update of December 2019 added.

Financial Accounts: Excluded Accounts: Retirement and Pension Accounts

Change made to reflect intention to make non-registered pension arrangements reportable for CRS and DAC purposes with respect to the calendar year 2020 and subsequent years

Financial Accounts: Excluded Accounts: Retirement and Pension Accounts: Cross Border Pensions

Change made to reflect intention to make non-registered pension arrangements reportable for CRS and DAC purposes with respect to the calendar year 2020 and subsequent years

Financial Accounts: Excluded Accounts: Tax Favoured Accounts

Changes made to reflect intention to make Premium Bonds, Fixed Interest Savings Certificates and Index Linked Savings Certificates reportable for CRS and DAC purposes with respect to the calendar year 2020 and subsequent yea

Reportable Information: Reportable Jurisdictions

Changes for 2020 reporting year made to guidance.

Due Diligence: New Individual Accounts: Introduction

Update to retention period including change to 5 years.

Miscellaneous: Documentary Evidence: Retention of Documents

Update to retention period, including change to 5 years.

18 October 2019 published amendments

Reportable Information: Tax Identification Number

Update to include reference to FATCA IRS FAQ published on 15/10/2019 in respect of no TINs.

17 May 2019 published amendments

Reportable Information: Reportable Jurisdictions

Removal of Brunei Darussalam as Reportable Jurisdiction for 2019.

3 April 2019 published amendments

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Hold Mail or In-Care-Of Address Only

Further clarification on the treatment of accounts with in-care-of addresses or hold mail instructions for FATCA and CRS purposes.

Due Diligence: Pre-Existing Individual Accounts: Higher Value Accounts: Hold Mail or In-Care-Of Address Only

Further clarification on the treatment of accounts with in-care-of addresses or hold mail instructions for FATCA and CRS purposes.

Due Diligence: Pre-Existing Individual Accounts: Higher Value Accounts: Undocumented Accounts

Further clarification of undocumented account.

26 February 2019 published amendments

Financial Institutions: Non-Reporting Financial Institutions: FATCA only: Introduction

Changes made following the Competent Authority Agreement to update Annex II of the UK/US Intergovernmental Agreement (IGA) to implement FATCA between the HMRC and the US Internal Revenue Service.

NRFI: FATCA Only: Sponsored Investment Entity and Sponsored Controlled Foreign Corporation

Changes made following the Competent Authority Agreement to update Annex II of the UK/US Intergovernmental Agreement (IGA) to implement FATCA between the HMRC and the US Internal Revenue Service.

NRFI: FATCA Only: Sponsored Closely Held Investment Vehicles

Updates following the Competent Authority Agreement between HMRC and the US Internal Revenue Service entered into a Competent Authority Agreement (CAA) to update Annex II of the UK/US Intergovernmental Agreement (IGA) to implement FATCA.

15 January 2019 published amendments

Common Reporting Standard: Participating Jurisdictions

Update to include 2019 Participating Jurisdictions.

Reportable Information: Reportable Jurisdictions

Update to Reportable Jurisdictions.

2018

21 December 2018 published amendments

20 December 2018 published amendments

14 December 2018 published amendments

Exchange of information: Purpose of the guidance

Broken links repaired.

Legal framework for exchange

Adding content list.

Redaction of information on human rights grounds: How to apply for redaction of information

Clarification that guidance on human rights is not charity specific.

Exchange of tax rulings: Overview

added hyperlinks

Exchange of tax rulings: Different obligations

added hyperlinks, altered "key driver" in reference to BEPS project to "leading supporter" per Richard X Thomas' instructions

16 August 2018 published amendments

15 August 2018 published amendments

Redaction of information on human rights grounds

Clarification that guidance on human rights is not charity specific.

Redaction of information on human rights grounds: Threats to human rights

Clarification that guidance on human rights is not charity specific.

19 July 2018 published amendments

Reporting Format

Inclusion of AEOI helpline number.

9 April 2018 published amendments

Disclosable arrangements legislation

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Notifying clients about the Common Reporting Standard and related matters: Contents

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Notifying clients about the Common Reporting Standard and related matters: Summary

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Notifying clients about the Common Reporting Standard and related matters: Background

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Notifying clients about the Common Reporting Standard and related matters: Further guidance

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Notification requirement: Meaning of offshore advice or services: Summary

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Notification requirement: Meaning of offshore advice or services: Meanings of ‘participating jurisdiction’ and ‘financial account’

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17 January 2018 published amendments

10 January 2018 published amendments

9 January 2018 published amendments

Due Diligence: Pre-Existing Individual Accounts: Lower Value Accounts: Hold Mail or In-Care-Of Address Only

Clarification of what is undocumented and what is a US Reportable Person.

2017

21 December 2017 published amendments

19 December 2017 published amendments

Reportable Information: Tax Identification Number

Updates following new publications regarding FATCA and CRS.

Reportable Information: Account Closure

Expansion under CRS & DAC Reporting sub-headline, including examples.

Due Diligence: New Entity Accounts: Reportable Person

Updates following the CDOT adoption of the CRS, and amendment to timing of self-certifications.

Charities: Introduction

Updates to due diligence requirements.

18 December 2017 published amendments

Background: CDOT

Updates following the CDOTs' adoption of CRS.

Background: The Wider Approach

Updates to due diligence requirements.

Financial Institutions: Introduction

Update to due diligence requirement.

Non-Reporting Financial Institutions: Trustee Documented Trust

Further information regarding the portal, and FATCA have been added.

11 December 2017 published amendments

Common Reporting Standard: Participating Jurisdictions

Updates to list of adopting jurisdictions.

Reportable Information: Reportable Jurisdictions

Updates to Reportable Jurisdictions.

22 November 2017 published amendments

Country-by-Country reporting: Exceptions to the filing obligation

Inclusion of optional template for notifications.

Country-by-Country reporting: Directions relating to notification requirements

Inclusion of optional template to use for email notifications

31 July 2017 published amendments

25 July 2017 published amendments

29 March 2017 published amendments

19 January 2017 published amendments

Automatic exchange of financial accounts information

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Add new section IEIM40600 Human Rights

Added 406000 to subpages

Financial Institutions: Contents

Added new content IEIM400845 Branches of Specified Insurance Companies

Charities: Financial Institution: Examples

Fixed typo in example 6

Protection on Human Rights Grounds: Contents

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17 January 2017 published amendments

Financial Institutions: UK Financial Institutions

clarified dual residency treatment for partnerships

Financial Institution: Securitisation Vehicles

Removed obsolete link and amended text

Reportable Information: Tax Identification Number

Inserted paragraph on jurisdictions that do not issue TINs

Charities: Financial Institution: Examples

Clarification of examples and addition of example 6

2016

18 October 2016 published amendments

17 October 2016 published amendments

3 October 2016 published amendments

Reportable Information: Reportable Jurisdictions

Slight amendment to sentence below "CRS".

Amendment to text under CRS heading for clarification for which year reporting relates to.

20 September 2016 published amendments

Reportable Information: Reportable Jurisdictions

Removal of Andorra as they are a 2018 adopter of the CRS.

25 August 2016 published amendments

Automatic exchange of financial accounts information

Added charities contents page to main contents page

Investment Entity: Charities

Link to IEIM404700 for detailed charities guidance included.

Charities: Contents

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24 August 2016 published amendments

Investment Entity: Charities

Added link to new specific charities guidance pages at IEIM404700+

11 August 2016 published amendments

Reportable Information: Reportable Jurisdictions

Updated list of reportable jurisdictions to confirm the 2017 CRS reportable jurisdictions.

10 August 2016 published amendments

Investment Entity: Examples

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Correct link to IEIM400770

Amended to include additional example on investments in real property.