Giant Software’s AEOI reporting solution enables your tax authority to comply fully with OECD and FATCA standards.
AEOI Reporting Solution for Tax Jurisdictions
Giant Software has created a global AEOI (Automatic Exchange of Information) reporting tool for tax jurisdictions allowing your tax authority to be fully compliant with OECD and FATCA standards.
The solution comprising both a public facing web application and an internal web application for processing submissions, which fulfil all the requirements of the OECD’s global standard. The public facing website collects submitted data with the integrity and security expected by an international financial institution. When the jurisdiction decides to forward the information from the Financial Institutions, the return is packaged by the internal application, digitally signed, and securely transmitted.
The OECD’s Global Forum on Tax Transparency has formally assessed the solution as ‘compliant’ — the highest possible rating — placing your jurisdiction among a select group fully meeting international AEOI standards.
Key Features
OECD awards Jersey highest rating available for tax cooperation
The Jersey tax authority using Giant Software’s AEOI solution has received the highest rating available in an assessment of its practical implementation of the Common Reporting Standard (CRS) in a report published.