DAC8/CARF Phone number indica

[lili247]

Anyone know if the DAC8/CARF regulation will include the "phone number indica" provisions like with AEOI/CRS ?

I'm talking about this :

(c) one or more telephone numbers in a Reportable Jurisdiction and no telephone number in the jurisdiction of the Reporting Financial Institution;
Click to expand...

I asked ChatGPT, he told me that it won't be the case with DAC8/CARF, however I'm not sure if ChatGPT is knowledgeable enough regarding that 🙂

 

[daniels27]

The quote is from CRS:
https://aifc.kz/legal-framework/com...es/common-reporting-standard-rules-full-text/

DAC8 is here:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52022PC0707

CARF is here:
https://www.oecd.org/content/dam/oe...ation-in-tax-matters_ab3a23bc/896d79d1-en.pdf

Bot have no phone number stuff but they rely on CRS. So, depending on the use case once there is a phone number in it, it will be within the scope.