crs only for croatia ppl

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svevlad
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svevlad

crs only for croatia ppl
« on: January 25, 2017, 09:46:45 AM »
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ekipa kako nas kaci ovaj zakon
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arbusers
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Re: crs only for croatia ppl
« Reply #1 on: January 25, 2017, 12:47:12 PM »
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I strongly suggest you continue in English.
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svevlad
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Re: crs only for croatia ppl
« Reply #2 on: January 25, 2017, 04:11:05 PM »
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sry boss

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Bridge
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Re: crs only for croatia ppl
« Reply #3 on: January 25, 2017, 09:00:25 PM »
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what low?
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my_username
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Re: crs only for croatia ppl
« Reply #4 on: January 26, 2017, 01:06:15 AM »
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can someone eli5 what does this mean for Croatians?

thanks
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arbusers
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Re: crs only for croatia ppl
« Reply #5 on: January 26, 2017, 06:36:02 AM »
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CRS is almost a global standard. It will make no exception, positive or negative, for Croatians.
However, I must say that some national tax authorities will use it as a tool in very negative ways. My opinion is that corrupted countries will use this tool for blackmailing people. Already, there is a decision from a German court saying that Turkish authorities will not use the exchange of information in a proper manner, and therefore no data should be exchanged with that country, in order not to jeopardise human lives. But this is just a German court, and Turkey.
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kapetan1122
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Re: crs only for croatia ppl
« Reply #6 on: January 26, 2017, 09:17:24 AM »
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can someone eli5 what does this mean for Croatians?

thanks

Croatia is country in Europe :) Croatians are people who live there :)
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SticyBandit
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Re: crs only for croatia ppl
« Reply #7 on: January 26, 2017, 10:30:32 AM »
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CRS is almost a global standard. It will make no exception, positive or negative, for Croatians.
However, I must say that some national tax authorities will use it as a tool in very negative ways. My opinion is that corrupted countries will use this tool for blackmailing people. Already, there is a decision from a German court saying that Turkish authorities will not use the exchange of information in a proper manner, and therefore no data should be exchanged with that country, in order not to jeopardise human lives. But this is just a German court, and Turkey.

Having an information is a key today, but let's see what does CRS means. It means that Turkey will know for account balance of their taxpayers accounts in Turkey, but also in Germany from now on.
In this case CRS have the function do detect Turkish taxpayers accounts in Germany. If some Turk lives in Germany and he pays tax there, his data will not be send to Turkey. If someone who lives in Turkey has 10 million in Turkish bank they will know, but if someone has those 10 mill in some other country than Turkey, they will also now because of CRS.
I don't see reason why Turkish government would blackmail someone who has 10 mil in German bank, and not someone who has the same amount in Turkish bank.
Off course, if blackmailing is their "normal" behavior then after they get data from CRS they will have more account owners to blackmail.
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