Introduction In how many U.S. states does your business have a sales tax collection obligation today — and how many of those states have you actually registered in? That is the single question that defines U.S. sales tax compliance for every business — foreign or domestic, large or small, with U.S. customers or without. The […]

For regulated financial institutions, the definition of a “New Account” has fundamentally changed. Banks, Custodians, Electronic Money Institutions (EMIs), and Crypto-Asset Service Providers (CASPs) are entering a regulatory environment in which onboarding itself is a formal compliance control. Under the combined force of CRS 2.0, CARF, and DAC8, compliance no longer begins at reporting—it begins at the […]

Why the “Wait-and-See” Strategy Will Fail in 2026  From 1 January 2026, the Cayman Islands enters a new era of tax transparency. The jurisdiction will simultaneously implement the OECD’s Crypto-Asset Reporting Framework (CARF) and the amended Common Reporting Standard (CRS 2.0).  For Cayman-based Reporting Crypto-Asset Service Providers (RCASPs) and Reporting Financial Institutions (RFIs), this is not merely a reporting update—it is a fundamental […]

Why the “Wait-and-See” Strategy Will Fail in 2026 From 1 January 2026, the UK implements the OECD’s Crypto-Asset Reporting Framework (CARF) alongside the updated Common Reporting Standard (CRS 2.0). UK-based Reporting Crypto-asset Service Providers (RCASPs) and Reporting Financial Institutions (RFIs) must start collecting due-diligence data on that date; the first returns covering the 2026 calendar year are due by 31 May […]

The “Wait and See” Strategy is Now a Liability As of January 1, 2026, the European Union enters a new era of strict tax transparency. The implementation of Council Directive (EU) 2023/2226 (DAC8) integrates the OECD’s Crypto-Asset Reporting Framework (CARF) and the amended Common Reporting Standard (CRS 2.0) directly into EU law.  For Reporting Financial Institutions (RFIs) and Crypto-Asset Service Providers (CASPs), the regulatory perimeter […]

Implementation Timelines, Regulatory Risks, and the Automation Imperative For Reporting Financial Institutions (RFIs)—including banks, custodial institutions, and the newly scoped Electronic Money Institutions (EMIs) and Crypto-Asset Service Providers (CASPs)—the definition of a “New Account” is undergoing a fundamental shift.  Under the amended OECD Common Reporting Standard (CRS 2.0), DAC8 and the Crypto-Asset Reporting Framework (CARF), the passive […]

Greek crypto-asset service providers (CASPs) and financial institutions are preparing for a significant update in tax transparency. Effective January 1, 2026, the OECD’s Crypto-Asset Reporting Framework (CARF)—transposed into Greek law via Law 5193/2025 and aligned with EU DAC8—will require detailed reporting on digital-asset transactions, including cryptocurrencies, stablecoins, NFTs, and tokenized assets. Supervised by the Independent […]

Greek financial institutions are entering a decisive phase in the evolution of cross-border tax reporting. Beginning 1 January 2026, the OECD’s revised Common Reporting Standard—widely referred to as CRS 2.0—extends mandatory reporting to electronic money instruments, central bank digital currencies (CBDCs), and indirect exposures to crypto-assets. This shift complements the EU’s Directive on Administrative Cooperation […]

Austria has consistently strengthened its regulatory architecture to align with international standards for crypto-asset transparency and taxation. Since 2013, Regulatory Impact Assessments (RIAs) have been mandatory for all primary laws and subordinate regulations, ensuring that every proposed rule is evaluated for environmental, social, gender, and financial impacts before adoption. A threshold test determines whether a […]