OECD Aims to Put Crypto Tax Data Sharing on March’s Agenda

The OECD is hoping to have a public consultation in March on new standard that would add cryptocurrency to automatic exchanges of taxpayer information between governments.

OECD-affiliated experts on information exchange “recently agreed to update Common Reporting Standard including to cover crypto assets that will go soon for a public consultation, in hopefully March,” said Pascal Saint-Amans, director of the OECD’s Center for Tax Policy and Administration.

• The Common Reporting Standard is a set of rules that governs how tax administrations exchange taxpayer financial information including bank account data.
• The CRS was launched in 2014. So far, 115 countries have ...