EMI without CRS

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EMIs do not participate in CRS as far as I know
Apart from these that have a bank license (revolut, n26)
 
We have had this topic a few times here already
https://www.offshorecorptalk.com/threads/which-emis-dont-report-no-crs.39984/https://www.offshorecorptalk.com/th...w-are-still-doable-and-dont-report-crs.35671/
If you can't find topics with our own SEARCH option above you may enter in Google:
Code:
site:offshorecorptalk.com emi without crs
or similar and you will quickly find what you look for.

Last edited: Apr 19, 2024
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12345 said:
Thanks I were not aware of that. So as I understand beginning 1 January 2026 all EMIs will be reported?
Click to expand...
"To note that these new accounts would be reportable under CRS, with the exception of e-money accounts whose 90-day rolling average does not exceed USD 10,000 at any day during the year"
 
JohnLocke said:
If you can't find topics with our own SEARCH option above you may enter in Google:
Code:
site:offshorecorptalk.com emi without crs
or similar and you will quickly find what you look for.
Click to expand...

jafo said:
This is actually a great tip. I overlooked this. It's also good for the site's placements.

I'm going to start using it. 😉

Thank you for sharing.
Click to expand...
I'd personally prefer DuckDuckGo for this site😱ffshorecorptalk.com emi without crs at DuckDuckGo as I do not like to share my activity with Big Brother G 😉 ... It works.
But this is just a side-note.
Thanks, @Don. As I see, this should be repeated endlessly 😉 It has been posted here several times already (by me ”“ just an info, not a link ”“ I guess yesterday last time) and it still does not help 😉 😉
12345 said:
Thanks I were not aware of that. So as I understand beginning 1 January 2026 all EMIs will be reported?
Click to expand...

Don said:
"To note that these new accounts would be reportable under CRS, with the exception of e-money accounts whose 90-day rolling average does not exceed USD 10,000 at any day during the year"
Click to expand...
Just a small amendment / explanation: The expression “new accounts” there means all EMI accounts, as a new type of accounts being reported, not newly opened EMI accounts!

Last edited: Apr 21, 2024
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

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Forester said:
this should be repeated endlessly 😉 It has been posted here several times already (by me ”“ just an info, not a link ”“ I guess yesterday last time) and it still does not help 😉 😉
Click to expand...
#Bingooooooooooo, and that's the Truth!
But to add a bit of humor to this...
1713657628381.webp



smi(&%
 
Forester said:
Just a small amendment / explanation: The expression “new accounts” there means all EMI accounts, as a new type of accounts being reported, not newly opened EMI accounts!
Click to expand...
What do you mean ?

I've a cat like the one in your profile picture.

Thank you!
 
Forester said:
Just a small amendment / explanation: The expression “new accounts” there means all EMI accounts, as a new type of accounts being reported, not newly opened EMI accounts!
Click to expand...

Nasters said:
What do you mean ?
Click to expand...
Well, re-phrased:
If you have an EMI account on 1 January 2026 then this account will automatically be reported (on condition that 90-day rolling average exceeded USD 10,000 at any day), as well as any newly created EMI account.
Nasters said:
I've a cat like the one in your profile picture.
Click to expand...
🙂 Your cat is definitely nice 😉 😉
Nasters said:
Thank you!
Click to expand...
You are welcome.

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
 
Forester said:
Well, re-phrased:
If you have an EMI account on 1 January 2026 then this account will automatically be reported (on condition that 90-day rolling average exceeded USD 10,000 at any day), as well as any newly created EMI account.

🙂 Your cat is definitely nice 😉 😉

You are welcome.
Click to expand...
All accounts, both old and new.

That's how I see it too.

Thank you dear friend!
 
Nasters said:
All accounts, both old and new.
Click to expand...
Yes, exactly.
Nasters said:
Thank you dear friend!
Click to expand...
Again, you are welcome 🙂

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
 
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