The road to global tax transparency

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. What is the purpose of the CRS?

  2. What is the purpose of Fatca?

  3. Why is it ironic that the US does not want to participate in the CRS?

  4. How does the CRS work?

  5. Why is the CRS so labour-intensive?

  6. In which respect is the CRS a success?

  7. Why might the collection of information required for the CRS be problematic?

  8. How are experts characterising the use of technology in implementing the CRS?

  9. Which of these is not a piece of information being shared between jurisdictions using CRS?

  10. Can the CRS be characterised as a success?