Tax Entity Classification Information
The global Common Reporting Standard (CRS) provisions require BankSA to provide foreign tax residency information to the Australian Taxation Office (ATO). This information may be shared by the ATO with tax authorities in other countries.
To ensure information we may need to report to the ATO is accurate we need a few details from you.
By collecting your Tax Entity Classification information, we can add it to your entity’s profile and ensure that if we need to report information to the ATO, it is correct.
Once you have supplied this information to BankSA you will not need to supply this information again unless your entity’s circumstances change.
What you need to do
Please visit your nearest Branch to speak to one of our friendly banking team.
Further information
Have you been contacted directly by the BankSA Business Identification Team to provide information for your ATO Reporting?
If you have been contacted directly by the BankSA Business Identification Team to provide information for your ATO Reporting, please visit our Tax reporting for the ATO page for next steps.
Tax reporting for the ATO
Where can I go for more information?
If you have any questions about CRS or FATCA, please visit our Automatic Exchange of Foreign Tax Residency Information (CRS & FATCA) page.
Automatic Exchange of Foreign Tax Residency Information (CRS and FATCA)
If you want to know more about FATCA, see the Internal Revenue Service
If you want to know more about CRS, see:
Frequently asked questions
We will only disclose your personal information to the local tax authority in accordance with the legislation and as per the Privacy Statement | BankSA