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What is the CRS? The Common Reporting Standard (CRS) is a new information-gathering and reporting requirement for financial institutions in participating countries/jurisdictions, to help fight against tax evasion and protect the integrity of tax systems.
What is a CRS payment?
Centralized Receivables Service (CRS) helps federal agencies manage their accounts receivable money owed to the agency from individuals, businesses, and states. CRS focuses on collecting current, non-tax, administrative debts prior to delinquency.
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by DM Bearden 2012 Cited by 26 CRS Report for Congress. Prepared for Members and Committees of Congress. Comprehensive Environmental Response,. Compensation, and Liability
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