Taiwan (TW)

Jurisdiction Overview

IDQuestionAnswer
376 *CRS Pilot: Is the jurisdiction engaging (or has expressed interest in participating) in any Pilot Project, that involves partnering up a developed country with a developing country to assist implementing the CRS? No
 Data Date: 2018

Notes

 
According to Taiwan Minsitry of Finance: "1. Since there have been foreign political issues preventing Taiwan from joining the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, Taiwan is not able to engage in the CRS Pilot Project. 2. Meanwhile, Taiwan endeavors to overcome the technical hurdles in relation to automatically exchanging information by developing its own International Exchange of Information Platform (IEIP) for data transmission as well as by communicating and sharing experiences with its treaty partners (e.g., Japan and Australia). In this regard, Taiwan will automatically exchange financial account information with Japan and Australia in September 2020." (Communication with Taiwan Ministry of Finance, 27.12.2019).

Sources

https://www.oecd.org/tax/transparency/global-forum-annual-report-2018.pdf
 
Communication with Taiwan Ministry of Finance, 27.12.2019