Recent content by Coconut

I asked Revolut support about this directly the other day - is there any info of my accounts they share? The response was vague, but I did expect that, as these kind of questions are not for regular users. Essentially, they told me they don't report anything and any tax requirements I have in my...

This is my pure (and further) speculation, but i think CRS is just a hassle for most EU countries to deal with and is not readily "enforced". From the POV of a service provider, what are the risks really? A foreign country will complain they did not send them the data of one of your customers...

From my understanding, it is the net balance at the end of the year, not the total turnover of the account. Sending each transaction would be a significant data burden for local governments. Furthermore, for the e-money service providers, a rolling average "90 day end-of-day aggregate account...