Reporting of CRS/FATCA information

The type of information you are submitting will determine the format that must be used to submit information on foreign account holders/beneficial owners.

Six of the "national" third party reporting schemes have formats which have been adapted to make them compatible with the reporting of CRS/FATCA information.

It is recommended that statement submitters which submit Deposits, loans and interest, Financial products, Life insurance, Mutual funds, Securities account or Share savings account and which are covered by the OECD's Common Reporting Standard (CRS) and/or the USA's FATCA submit information concerning account holders via these schemes:

Others who are covered by the OECD's Common Reporting Standard (CRS) and/or the USA's FATCA, but not covered by the reporting obligation from the list above, must submit information concerning foreign account holders using the format "Other financial products":

The information must include:

Statement submitter's:

  • name
  • address
  • organisation number
  • Global Intermediary Identification Number (GIIN)

Account holders and beneficial owners:

  • name
  • address with country code
  • date of birth
  • Norwegian ID/D number or organisation number,
  • country code showing where account holders/beneficial owners are resident/domiciled for tax purposes
  • foreign identification number with country code

About financial accounts:

  • account number or other number where the product is registered
  • balance or capital value at the end of the income year, including cash value for life insurance
  • interest
  • dividend
  • other income or payment
  • gross proceeds
  • country code showing where account holders/beneficial owners are resident/domiciled for tax purposes

All amounts must be stated in the account's currency and in Norwegian kroner.