State Tax Service and the OECD experts held online workshop on application of the updated CRS 2.0 rules
Press service of the State Tax Service of Ukraine , published 16 October 2026 at 13:14 Chapter: News
What changes does the CRS 2.0 provide, how to update financial account verification procedures and what needs to be considered transitioning to the new reporting format? These questions became key during practical online workshop held by the State Tax Service of Ukraine with support of the OECD Global Forum.
Event was attended by representatives of accountable financial institutions, professional business associations and employees of the State Tax Service.
Leading experts of the OECD Global forum on transparency and exchange of information for tax purposes shared practical recommendations.
The main goal of meeting is to help financial agents adapt their internal processes to the updated international requirements for the automatic exchange of tax information and ensure smooth transition to the CRS 2.0 standard.
Participants, during the workshop, focused on the following key areas:
- Terminology updates: experts in detailed changes to current terms and new CRS definitions introduced to cover modern financial products and payment solutions.
- Due diligence procedures (Due Diligence): updated algorithms for identifying and verifying accountable financial accounts that financial institutions must adhere to are reviewed.
- Changes in the reporting requirements: participants received explained updated list and structure of information to be collected and transmitted within framework of the international exchange.
- Technical transition to the CRS XML Schema 3.0: discussed in detail technical aspects of the new reporting scheme, structure of file formation, as well as procedure for correcting previously submitted data.
Any questions about the CRS 2.0? Financial agents can contact for additional clarifications and explanations on practical application of the updated requirements by email at the: crs.info@tax.gov.ua.