CRS on Broker platforms Degiro or interactivebrokers

[JohnLocke]

Thank you for clarification, would be nice to learn from someone who have actually experienced‌ this.

 

[lbh411]

yeah hard to eliminate since sometimes its IRS or broker themselves so timing is random‌ on top of office response(or if they even care)

id say rule of thumb is‍ interest bearing accounts are the red flag (IB)

 

[DavidS]

What kind of info will they︃ share directly from DEGIRO and IB?

Let's say you have no cash balances as of︄ 31st Dec, only stocks.

Will they share the stock quantity or stock valuation at the︅ time?

IB allow indicating tax residency (country from drop-down list) and "residence address"...which one gets reported as per CRS?

 

[Martin Everson]

You can see the reporting guide and schema for yourself below

https://www.oecd.org/tax/automatic-exchange/common-reporting-standard/schema-and-user-guide/