Common Reporting Standard
#1
Just Joined
Thread Starter
Joined: Mar 2018
Location: Varese
Posts: 5
Common Reporting Standard
Hi Everyone,
I've been living in northern Italy for about twenty years as a language trainer and translator and I also go back to the UK to teach at a University for 6 weeks every summer.
With the implementation of the CRS, I am obliged by the Italian tax authority to declare all financial interests that I hold in my UK bank...so far only for 2016/7. My accountant (mandatory for almost all freelancers, even though I don't earn that much!) wants me to provide bank info going back even to 2012!
Does anyone know if this is necessary/obligatory? Does anyone have any experience of this at all...?
Thanks very much
I've been living in northern Italy for about twenty years as a language trainer and translator and I also go back to the UK to teach at a University for 6 weeks every summer.
With the implementation of the CRS, I am obliged by the Italian tax authority to declare all financial interests that I hold in my UK bank...so far only for 2016/7. My accountant (mandatory for almost all freelancers, even though I don't earn that much!) wants me to provide bank info going back even to 2012!
Does anyone know if this is necessary/obligatory? Does anyone have any experience of this at all...?
Thanks very much
#2
Re: Common Reporting Standard
Hi and welcome to BE
The Welcome Inn is used to say hi and to get assistance with site orientation. If you repost your question on our Italy forum, hopefully someone will be able to help Italy - British Expats
We ask all new members to please read the BE site rules, and to contact a moderator if they run into any site related problems.
I hope you enjoy your time on BE and find it useful
The Welcome Inn is used to say hi and to get assistance with site orientation. If you repost your question on our Italy forum, hopefully someone will be able to help Italy - British Expats
We ask all new members to please read the BE site rules, and to contact a moderator if they run into any site related problems.
I hope you enjoy your time on BE and find it useful
#3
Just Joined
Thread Starter
Joined: Mar 2018
Location: Varese
Posts: 5
Re: Common Reporting Standard
Oops. Apologies