Automated tax residency classification, validation, and regulatory XML generation.
CompliAre automates the complex process of identifying reportable accounts, classifying customers under FATCA and CRS frameworks, and generating compliant XML reports for submission to tax authorities. The system maintains a complete audit trail of all classification decisions and reporting activities.
Rule-based determination of FATCA and CRS status with configurable decision logic.
Automated identification of US indicia and foreign tax residency indicators.
Balance aggregation across related accounts for threshold determination.
Digital questionnaire collection for tax residency declarations.
Compliant report production for FATCA and CRS submissions.
Pre-submission validation with complete decision audit trail.
Comprehensive rule-based classification covering all FATCA and CRS customer categories.
Automated threshold monitoring and account categorisation for due diligence requirements.
Individual accounts below $50,000 and entity accounts below $250,000 with reduced requirements.
Accounts between threshold levels with standard due diligence procedures.
Accounts exceeding $1,000,000 requiring enhanced review procedures.
Standards-compliant report production with validation and submission tracking.
Automated XML production in OECD-compliant schema formats for FATCA and CRS filings.
Pre-submission validation against official XSD schemas to prevent rejection.
Support for correction, amendment, and void message types for prior submissions.
Generate separate reports per reportable jurisdiction with country-specific requirements.