The Common Reporting Standard (CRS) is the single global standard for the collection, reporting, and exchange of financial account information on foreign tax residents. Under the CRS, banks and other financial institutions collect and report financial account information on foreign tax residents to the ATO. The ATO exchanges this information with participating foreign tax authorities of those foreign tax residents. The relevant information for US citizens will be exchanged by Australia with the USA under the Foreign Account Tax Compliance Act (FATCA) agreement.
共同申报准则（CRS）是全球统一标准，用于收集、申报和交换外国税务居民的金融账户信息。根据 CRS，银行和其他金融机构会收集并向澳大利亚税务局（ATO）申报外国税务居民的金融账户信息。ATO 会将这些信息交换给这些外国税务居民所在国家的参与税务机关。针对美国公民的相关信息将由澳大利亚根据《海外账户税收合规法案》（FATCA）协议与美国进行交换。

In return, the ATO receives financial account information on Australian residents from other countries’ tax authorities. This helps ensure that Australian residents with financial accounts in other countries are complying with Australian tax law. The exchange of financial account information acts as a deterrent to tax evasion and ensures everyone pays the right amount of tax.
作为回报，ATO 也会从其他国家的税务机关获得有关澳大利亚税务居民的金融账户信息。这有助于确保在其他国家拥有金融账户的澳大利亚居民遵守澳大利亚税法。金融账户信息的交换能够遏制逃税行为，并确保每个人都缴纳正确数额的税款。

The ATO received the first round of data from foreign jurisdictions in September 2018.
ATO 于 2018 年 9 月首次从外国司法管辖区收到相关数据。

If you are a non-tax resident for Australian income tax purposes

如果您在澳大利亚所得税意义上被认定为非税务居民

If you are a non-tax resident for Australian income tax purposes and have an existing account, plan to open a new account, or have accounts held by entities which you are related to, you need to understand how CRS impacts you.
如果您在澳大利亚所得税意义上被认定为非税务居民，并且已经有账户、计划开设新账户，或者与您有关的实体持有账户，您需要了解 CRS 如何影响您。

If you have an existing account

如果您已有账户

If you have an existing account, your financial institution may contact you to confirm your country or countries of tax residence. This is to establish whether you have any accounts that need to be reported under the CRS laws.
如果您已有账户，您的金融机构可能会联系您，以确认您的税务居民国或地区。这是为了确定您是否有账户需要根据 CRS 法律进行申报。

They may also contact you if their records indicate that you could be a foreign tax resident. This might be because you have provided an address or other information for a country outside Australia.
如果他们的记录显示您可能是外国税务居民，他们也可能联系您。这可能是因为您提供了澳大利亚以外国家的地址或其他信息。

If you open a new account

如果您开设新账户

From 1 July 2017, your financial institution must ask you to certify your residence for tax purposes if you open a new account. They may ask you to provide forms and documentation. This applies to most types of financial accounts.
从 2017 年 7 月 1 日 起，如果您开设新账户，金融机构必须要求您声明您的税务居民身份。他们可能会要求您提供表格和相关文件。这一规定适用于大多数类型的金融账户。

If you are a foreign tax resident, you will need to provide your tax identification number (TIN) or equivalent. This is the number used to identify you to the tax authority in the foreign country. If you don’t have one, you will be asked to provide a reason.
如果您是外国税务居民，您需要提供您的税务识别号（TIN）或同等编号。这是外国税务机关用来识别您的号码。如果您没有，您需要说明理由。

Accounts held by entities (such as companies, trusts, partnerships, associations)

由实体持有的账户（如公司、信托、合伙企业、协会）

From 1 July 2017, if you are opening a new account on behalf of a legal entity or arrangement (such as a trust, partnership, company, or association) your financial institution must obtain information from you about:
• the tax residence of the entity
• the nature of the entity’s business
• in some circumstances, the individuals who control or beneficially own the entity or have specific connections to the entity, including their tax residency and their TIN or equivalent if they are a tax resident outside Australia.

Your financial institution may also contact you for this information for your existing accounts. This helps them comply with their obligations under the FATCA and the CRS laws.
从 2017 年 7 月 1 日 起，如果您代表某个法律实体或安排（如信托、合伙企业、公司或协会）开设新账户，您的金融机构必须向您收集以下信息：
• 实体的税务居民身份
• 实体业务的性质
• 在某些情况下，控制或实益拥有该实体或与实体存在特定联系的个人信息，包括他们的税务居民身份及其 TIN 或同等编号（如果他们是澳大利亚以外的税务居民）。

您的金融机构也可能会就现有账户向您收集这些信息。这将帮助他们履行在 FATCA 和 CRS 法律下的义务。

What you need to do

您需要做什么

It is important that you respond if your financial institution contacts you to request information. If you don’t respond, they may have to treat you as if you are a tax resident in a country outside Australia, even if you are not.
如果您的金融机构联系您要求提供信息，您务必作出回应。如果您不回应，他们可能会将您视为澳大利亚以外国家的税务居民，即使您不是。

If you intend to open a new account and do not provide the relevant details, the financial institution will not open the account for you. These requirements help ensure the AEOI laws worldwide are effective. They increase tax transparency by identifying people who have offshore accounts and investments.
如果您打算开设新账户而未能提供相关信息，金融机构将不会为您开设账户。这些要求有助于确保全球 AEOI（自动信息交换）法律的有效性。它们通过识别拥有境外账户和投资的人，来提高税收透明度。

False and misleading penalties may apply

可能适用虚假或误导信息的处罚

You should respond truthfully and to the best of your knowledge when you state your tax residency or provide other information including your TIN to your financial institution. Penalties may apply if you deliberately or recklessly provide false or misleading information.
在向金融机构声明您的税务居民身份或提供包括 TIN 在内的其他信息时，您应如实并在自己所知范围内尽力提供准确信息。如果您故意或鲁莽地提供虚假或误导信息，可能会受到处罚。

If you want to understand how CRS impacts you and its recent updates, please feel free to reach out to us.
如果您想了解 CRS 怎样影响到您和近期更新，请随时联系我们。