CTS 2.0 Supported Data Types

Image from Trans World Compliance
By: Dave Olenzak. President and Founder of TWC.

In March, 2021 the OECD’s data exchange mechanism, the Common Transmission System (CTS), will move from 1.0 to 2.0.  As part of that expansion, CTS will move from three data types to the following 25 data types:


 

Code

Description

Type

(XML, Free Form)

CRS

Common Reporting Standard

XML

CbC

County-by-Country

XML

ETR

Exchange of Tax Rulings

XML

MDR

Mandatory Disclosure Rules (EU DAC-6)

XML

NTJ

Forum on Harmful Tax Practices Substantial Activities in No or Nominal Tax Jurisdictions

XML

CDQ

CRS Data Quality

XML

GIG

Gig economy

XML

TRACE

Treaty Relief and Compliance Enhancement (authorized intermediary data exchange)

XML

Other

Other exchanges under international tax agreements

?

DTCAEOI

Dual Tax Conventions Data (Automatic Exchange of Information)

FF

EOIRFreeDT

Direct Tax - Free Form format (Exchange of Information on Request)

FF

EOIRFreeIT

Indirect Tax - Free Form format (EOIR)

FF

EOIRFreeTCR

Tax Collection and Recover - Free Form format  (EIOR)

FF

EOIRStructDT

Direct Tax - Structured E-forms format (EOIR)

FF

EOIRStructIT

Indirect Tax - Structured E-forms format (EOIR)

FF

EOIRStructTCR

Tax Collection and Recovery - Structured E-forms format (EOIR)

FF

SponFreeDT

Direct Tax – Spontaneous exchanges free format

FF

SponFreeIT

Indirect Tax – Spontaneous exchanges free format

FF

SponFreeTCR

Tax Collection and Recovery – Spontaneous exchanges free format

FF

SponStructDT

Direct Tax – Spontaneous exchange of Structured E-Forms format

FF

SponStructIT

Indirect Tax – Spontaneous exchange of Structured E-Forms format

FF

SponStructTCR

Tax Collection and Recovery – Spontaneous exchange of Struct E-Forms format

FF

JointAudits

Joint Audits

FF

JITSIC

Joint International Taskforce on Shared Intelligence and Collaboration

FF

MAP

Mutual Agreement Procedure (dispute resolution)

FF

It appears that the OECD is moving many of the Spontaneous Exchange of Information (SEOI) and Exchange of Information on Request (EOIR) to use the CTS for exchange in an effort to improve the security of the information being transmitted and to provide audit trails for data exchange.

 

See also:

What is the Common Transmission System (CTS) and how does it affect me?
"Economic Substances" tests

 

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Image from Trans World Compliance
By: Dave Olenzak. President and Founder of TWC.

In March, 2021 the OECD’s data exchange mechanism, the Common Transmission System (CTS), will move from 1.0 to 2.0.  As part of that expansion, CTS will move from three data types to the following 25 data types:


 

Code

Description

Type

(XML, Free Form)

CRS

Common Reporting Standard

XML

CbC

County-by-Country

XML

ETR

Exchange of Tax Rulings

XML

MDR

Mandatory Disclosure Rules (EU DAC-6)

XML

NTJ

Forum on Harmful Tax Practices Substantial Activities in No or Nominal Tax Jurisdictions

XML

CDQ

CRS Data Quality

XML

GIG

Gig economy

XML

TRACE

Treaty Relief and Compliance Enhancement (authorized intermediary data exchange)

XML

Other

Other exchanges under international tax agreements

?

DTCAEOI

Dual Tax Conventions Data (Automatic Exchange of Information)

FF

EOIRFreeDT

Direct Tax - Free Form format (Exchange of Information on Request)

FF

EOIRFreeIT

Indirect Tax - Free Form format (EOIR)

FF

EOIRFreeTCR

Tax Collection and Recover - Free Form format  (EIOR)

FF

EOIRStructDT

Direct Tax - Structured E-forms format (EOIR)

FF

EOIRStructIT

Indirect Tax - Structured E-forms format (EOIR)

FF

EOIRStructTCR

Tax Collection and Recovery - Structured E-forms format (EOIR)

FF

SponFreeDT

Direct Tax – Spontaneous exchanges free format

FF

SponFreeIT

Indirect Tax – Spontaneous exchanges free format

FF

SponFreeTCR

Tax Collection and Recovery – Spontaneous exchanges free format

FF

SponStructDT

Direct Tax – Spontaneous exchange of Structured E-Forms format

FF

SponStructIT

Indirect Tax – Spontaneous exchange of Structured E-Forms format

FF

SponStructTCR

Tax Collection and Recovery – Spontaneous exchange of Struct E-Forms format

FF

JointAudits

Joint Audits

FF

JITSIC

Joint International Taskforce on Shared Intelligence and Collaboration

FF

MAP

Mutual Agreement Procedure (dispute resolution)

FF

It appears that the OECD is moving many of the Spontaneous Exchange of Information (SEOI) and Exchange of Information on Request (EOIR) to use the CTS for exchange in an effort to improve the security of the information being transmitted and to provide audit trails for data exchange.

 

See also:

What is the Common Transmission System (CTS) and how does it affect me?
"Economic Substances" tests

 

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