France: Updated CRS guidance
Technical specifications regarding CRS reporting and related deadlines
The French tax authorities on February 20, 2026, issued an updated version (v3.6) of the common reporting standard (CRS) technical guidance for reporting financial institutions, providing technical specifications regarding CRS reporting and related deadlines.
The updates follow the transposition of the OECD’s revised CRS 2.0 into France’s domestic legal framework. The guidance confirms France’s adoption of the OECD’s CRS XML Schema V.3 for CRS/DAC2 data collection and reporting beginning January 1, 2027. Notably, the 2026 reporting period will not be affected by the new version of the schema.
Read a March 2026 report prepared by the KPMG member firm in France