13 April 2021
The Inland Revenue Authority of Singapore issued a notice on 12 April for the start of CRS return filing for reporting year 2020.
CRS Return Filing for Reporting Year 2020
CRS Return Filing for the Reporting Year 2020 will commence on 19 April 2021. All Reporting SGFIs must submit their CRS return(s) to IRAS, setting out the required information in relation to every Reportable Account that was maintained in Calendar Year 2020, by 31 May 2021.
We strongly encourage Reporting SGFIs to submit their CRS return(s) by 15 May 2021 to allow sufficient time to resolve any unexpected issues. Enforcement actions will be taken against Reporting SGFIs that do not submit their CRS returns on time.
Please refer to the CRS Filing section for more information.
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