What is my Entity Classification?

A summary of definitions of the main entity classifications can be found at the ATO Glossary.

Full definitions of entity classifications for FATCA can be found in the FATCA Inter-Governmental Agreement and, if applicable, the relevant U.S. laws and regulations.

Full definitions of entity classifications for CRS can be found at Part II(B) of the OECD’s Standard for Automatic Exchange of Financial Account Information in Tax Matters.

Please note that the implementation of the IGA and CRS in Australian domestic law may have affected the meaning of the entity classifications listed in the above documents.

If you are unsure of your entity classification, you should contact your legal or tax adviser for further guidance. We are unable to give you advice in relation to your CRS or FATCA entity classification.