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The Swedish Tax Agency March 9 updated the XML schema (version 2.0) and technical guidance on the reporting requirements for financial institutions under the U.S. Foreign Account Tax Compliance Act (FATCA) and the common reporting standard (CRS). The guides include: 1) the May 15 deadline for the submission of 2022 FATCA and CRS control data; 2) a procedure for corrections or additions to previously submitted data; 3) requirements for preparing reports using the XML schema; 4) FATCA and CRS report submission procedures; and 5) information on FATCA and CRS reporting, including zero reporting and technical information. [Sweden, Tax Agency, 03/09/23] …
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