Common Reporting Standard

The development of an effective and fair institutional framework for the taxation of cryptocurrencies, along with the incorporation of international legislation for consumer protection, was announced by the Minister of National Economy and Finance, Kostis Hatzidakis, speaking tonight at an event organized by the Numismatic Museum.

In an important stride towards global transparency and cooperation in tax matters, Bulgaria has received a laudable rating of Largely Compliant from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (GFTEITP).

An estimated 60,000 Greeks - as well as many more depositors in countries around the world - are worried about the introduction of the Common Reporting Standard (CRS), which goes into effect on January 1, 2017.

Romania has signed on Thursday the agreement with the United States of America for the improvement of the international tax compliance and the implementation of the FATCA (The US Foreign Account Tax Compliance Act) measures, a document that involves an automatic mutual exchange of information between the two states' tax authorities referring to the financial bodies' activity, a release sent to