Why Introduce Automatic Exchange of Information on Real Estate and Related Recurring Income?
Description
Why is real estate becoming the next major focus in global tax transparency? In this episode, we break down the growing push—led strongly by India within the G20—to include non-financial assets like property in the Automatic Exchange of Information (AEOI) framework.
For years, the global system has focused almost exclusively on financial accounts through CRS. But new data shows a rising challenge: cross-border property ownership is increasing and is often underreported, creating blind spots that allow undeclared wealth to slip through existing reporting rules.
🔎 Inside This Episode:
• Why India is pushing for real estate to be added to AEOI
• What the 2023 G20 report reveals about the surge in cross-border property holdings
• How immovable property is used to hide undeclared assets outside CRS visibility
• The major gap in today’s AEOI framework — and how governments plan to close it
• What expanded reporting could mean for globally mobile individuals and property owners
This episode is essential listening for tax advisors, international investors, and anyone managing or owning property across borders. As transparency rules evolve, understanding these changes is critical to staying compliant—and prepared.
United States
