July 28 2022

UAE Extends Reporting Deadline Under AEOI-CRS and FATCA

Source: IBFD Tax Research Platform News

According to an update of 25 July 2022, published by the Ministry of Finance of the United Arab Emirates, the deadline to submit the Reporting Financial Institutions (RFI) in accordance with the requirements of the Automatic Exchange of Information CRS (AEOI-CRS) based on the OECD Automatic Exchange of Information Agreement (2014), and the United Arab Emirates - United States FATCA Model 1B Agreement (2015) has been further extended to 15 August 2022. Previously, the deadline had been extended to 20 July 2022.