Common Reporting Standard
What is CRS
The Common Reporting Standard on Automatic Exchange of Information (CRS) is a legal framework created by the Organisation for Economic Co-operation and Development with close cooperation with the G20 and EU.
It requires financial institutions to report information (to the appropriate tax administration), about financial assets held on behalf of taxpayers, from jurisdictions with which their tax administration exchanges information. This information is exchanged "automatically" every year.
How to contact us
We are here to help, however please be aware that Isle of Man Bank can't offer any tax advice. We recommend you contact a professional and independent tax advisor to discuss your personal tax situation.
If you have any queries please contact your Relationship Manager on their dedicated number otherwise call Telephone banking on:
Telephone: 01624 637290
From abroad: +44 1624 637290
Calls may be recorded.