CRS Compliance Agent

Agent Capabilities

Tax Residency Determination

Automated tax residency classification
Multi-jurisdiction residency analysis
Tie-breaker rule application
Self-certification form management
Residency change monitoring

Due Diligence Procedures

Account holder identification and verification
Enhanced due diligence for high-risk accounts
Controlling person identification
Documentary evidence collection
Ongoing monitoring and updates

CRS Reporting

Automated XML report generation
Multi-jurisdiction reporting coordination
Financial account information compilation
Income and capital gains reporting
Bulk data file preparation

Key Features

OECD Compliance Framework

Common Reporting Standard implementation
Model CAA (Competent Authority Agreement)
AEOI (Automatic Exchange of Information)
CTS (Common Transmission System) integration
Local implementation guidance

Entity Classification

Reporting Financial Institution classification
Non-Reporting Financial Institution identification
Investment Entity determination
Passive Non-Financial Entity analysis
Excluded account identification

Integration Capabilities

Core banking and wealth management systems
Customer onboarding platforms
Tax compliance and reporting tools
Regulatory reporting hubs
Multi-currency accounting systems

Implementation Examples

Example 1: Tax Residency Classification

Input:

{
  "request_type": "tax_residency_determination",
  "assessment_date": "2024-04-25",
  "account_holder": {
    "customer_id": "CUST-987654",
    "account_id": "ACC-123456789",
    "individual_details": {
      "full_name": "Dr. Andreas Mueller",
      "birth_date": "1975-09-08",
      "birth_place": "Zurich, Switzerland",
      "nationality": ["Swiss", "German"],
      "current_address": {
        "street": "Bahnhofstrasse 42",
        "city": "Zurich",
        "postal_code": "8001",
        "country": "CH"
      },
      "mailing_address": {
        "street": "Unter den Linden 15",
        "city": "Berlin",
        "postal_code": "10117", 
        "country": "DE"
      }
    }
  },
  "residency_indicators": {
    "permanent_home": [
      {"country": "CH", "days_present": 250, "property_owned": true},
      {"country": "DE", "days_present": 90, "property_owned": true}
    ],
    "centre_of_vital_interests": {
      "family_location": "CH",
      "economic_relations": "CH",
      "professional_activity": "CH"
    },
    "habitual_abode": "CH",
    "tin_issued": [
      {"country": "CH", "tin": "CHE-123.456.789"},
      {"country": "DE", "tin": "12345678901"}
    ]
  },
  "self_certification": {
    "completed": true,
    "declared_residencies": ["CH"],
    "form_date": "2024-01-15"
  }
}

Output:

{
  "determination_id": "CRS-TAX-RES-2024-04-25-001",
  "primary_tax_residency": {
    "jurisdiction": "CH",
    "jurisdiction_name": "Switzerland", 
    "confidence_level": "HIGH",
    "effective_date": "2024-01-01"
  },
  "residency_analysis": {
    "tie_breaker_application": {
      "permanent_home_test": {
        "result": "INCONCLUSIVE",
        "details": "Permanent homes in both CH and DE"
      },
      "centre_of_vital_interests": {
        "result": "SWITZERLAND", 
        "justification": "Family, economic relations, and professional activity centered in CH"
      },
      "habitual_abode_test": {
        "result": "SWITZERLAND",
        "days_present_ch": 250,
        "days_present_de": 90
      }
    }
  },
  "additional_reportable_jurisdictions": [],
  "crs_classification": {
    "reportable_account": true,
    "reportable_jurisdictions": ["CH"],
    "account_type": "CUSTODIAL_ACCOUNT",
    "reporting_fi_obligation": "REQUIRED"
  },
  "documentation_requirements": {
    "self_certification_status": "VALID",
    "supporting_documents": [
      "Swiss tax residency certificate",
      "Permanent residence permit"
    ],
    "next_review_date": "2025-04-25"
  },
  "compliance_notes": {
    "dual_nationality_handled": true,
    "multiple_residence_assessed": true,
    "documentation_adequate": true,
    "special_circumstances": "None identified"
  }
}

Example 2: CRS XML Report Generation

Input:

{
  "request_type": "crs_xml_generation",
  "reporting_period": "2024",
  "reporting_fi": {
    "fi_name": "Global Private Bank Ltd",
    "fi_address": {
      "street": "King Street 100",
      "city": "London", 
      "postal_code": "EC2V 8AU",
      "country": "GB"
    },
    "fi_tin": "GB123456789",
    "fi_identifier": "GBPB.00001.SF.826"
  },
  "reportable_accounts": [
    {
      "account_number": "ACC-001-GB-2024",
      "account_holder": {
        "individual": {
          "name": "Pierre Dubois",
          "address": {
            "country": "FR",
            "city": "Paris",
            "postal_code": "75001"
          },
          "tin": "FR123456789ABC",
          "birth_date": "1982-03-15",
          "birth_place": "Lyon, France"
        }
      },
      "account_balance": 850000,
      "currency": "EUR",
      "income_payments": [
        {"type": "interest", "amount": 15600},
        {"type": "dividends", "amount": 28400}
      ],
      "reportable_jurisdiction": "FR"
    },
    {
      "account_number": "ACC-002-GB-2024",
      "account_holder": {
        "entity": {
          "name": "Nordic Investment Holdings AS",
          "address": {
            "country": "NO",
            "city": "Oslo",
            "postal_code": "0154"
          },
          "tin": "NO987654321MVA",
          "controlling_persons": [
            {
              "name": "Erik Olsen",
              "tin": "NO123456789",
              "controlling_person_type": "CP01",
              "reportable_jurisdiction": "NO"
            }
          ]
        }
      },
      "account_balance": 1250000,
      "currency": "NOK"
    }
  ]
}

Output:

{
  "report_generation_id": "CRS-XML-2024-001",
  "xml_files_generated": [
    {
      "jurisdiction": "FR", 
      "filename": "GBPB.00001.SF.826_FR_2024_001.xml",
      "file_size": "18KB",
      "account_count": 1,
      "total_balance": 850000,
      "transmission_ready": true
    },
    {
      "jurisdiction": "NO",
      "filename": "GBPB.00001.SF.826_NO_2024_001.xml", 
      "file_size": "22KB",
      "account_count": 1,
      "total_balance": 1250000,
      "transmission_ready": true
    }
  ],
  "reporting_summary": {
    "total_reportable_accounts": 2,
    "total_jurisdictions": 2,
    "total_reportable_amount": 2100000,
    "reporting_currency": "EUR_equivalent",
    "conversion_rate_date": "2024-12-31"
  },
  "validation_results": {
    "schema_validation": "PASSED",
    "business_rule_validation": "PASSED",
    "data_quality_score": 99.2,
    "errors": [],
    "warnings": [
      {
        "code": "W001",
        "description": "Birth place not mandatory but recommended",
        "affected_accounts": ["ACC-002-GB-2024"]
      }
    ]
  },
  "transmission_schedule": {
    "france": {
      "competent_authority": "DGFiP",
      "transmission_method": "OECD_CTS",
      "deadline": "2025-09-30",
      "status": "READY_FOR_TRANSMISSION"
    },
    "norway": {
      "competent_authority": "Skatteetaten",
      "transmission_method": "OECD_CTS", 
      "deadline": "2025-09-30",
      "status": "READY_FOR_TRANSMISSION"
    }
  },
  "metadata": {
    "report_type": "CRS",
    "message_type": "CRS401",
    "version": "2.0",
    "reporting_fi_giin": "GBPB.00001.SF.826",
    "creation_timestamp": "2024-04-25T10:30:00Z"
  },
  "next_steps": [
    "Submit XML files to OECD Common Transmission System",
    "Retain records for statutory period (6 years)",
    "Schedule quality assurance review",
    "Prepare for potential competent authority queries"
  ]
}

Agent Capabilities

Tax Residency Determination

Due Diligence Procedures

CRS Reporting

Key Features

OECD Compliance Framework

Entity Classification

Integration Capabilities

Implementation Examples

Example 1: Tax Residency Classification

Example 2: CRS XML Report Generation

Performance Metrics

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