Trusted by a jurisdiction that received the highest available rating during the OECD’s 2022 initial effectiveness assessments for its practical implementation of the Common Reporting Standard (CRS)
AEOI Reporting Solution for Tax Jurisdictions
Giant Software has created a global, multi-regime AEOI (Automatic Exchange of Information) reporting tool for tax jurisdictions. The platform is engineered to support your tax authority in seamlessly managing data collection and secure exchanges across major international standards, including CRS, FATCA, CbCR, and CARF.
The solution comprises both a public-facing web application and an internal web application for processing submissions, fully aligning with the technical and security specifications of the OECD’s Schema. 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 Financial Institutions, the return is packaged by the internal application, digitally signed, and securely transmitted.
During the OECD’s 2022 initial effectiveness assessments, Jersey secured an ‘On Track’ compliance rating, representing the highest standard available for the practical implementation of the Common Reporting Standard (CRS). Giant Software is proud to provide the AEOI solution that supports the Government of Jersey in meeting their international obligations.
Key Features
OECD awards Jersey highest rating available for tax cooperation
Revenue Jersey which uses Giant’s software AEOI solution has achieved the highest rating available at that stage of the review for the 2022 initial effectiveness assessments of its Common Reporting Standard (CRS) implementation in practice.