CRS applies to any person or entity that holds a financial account in Samoa and is tax resident in another jurisdiction.
This includes:
- Individuals with foreign tax residency
- Entities such as companies, partnerships, and trusts.
- Controlling persons of passive entities (e.g. shareholders, trustees, beneficiaries) who are tax resident overseas.
Samoa RFIs are responsible for identifying these account holders through due diligence and collecting self-certification forms to confirm their tax residency
