Question Dual Passport KYC CRS

[yolo]

Curious to know, if I have two passports one being Russian and another EU, I live in EU and use binance KYCd to my Russian passport. Does the EU automatally get my account and balance data for tax reporting?

 

[daniels27]

Curious to know, if I have two passports one being Russian and another EU, I live in EU and use binance KYCd to my Russian passport. Does the EU automatally get my account and balance data for tax reporting?

No, if you did not tell your "bank" about your EU tax id, they won't be getting the information.

 

[wellington]

Cyprus are now using the UK to route out Russians, so if you are using a CIB Cyprus passport it might be prudent to obtain a new Citizenship (non Carib/European).

 

[daniels27]

Cyprus are now using the UK to route out Russians, so if you are using a CIB Cyprus passport it might be prudent to obtain a new Citizenship (non Carib/European).

But he is using only the Russian passport. It should work without Cyrpus getting involved, no?

 

[yolo]

But he is using only the Russian passport. It should work without Cyrpus getting involved, no?

Correct

 

[wachtwoord]

Curious to know, if I have two passports one being Russian and another EU, I live in EU and use binance KYCd to my Russian passport. Does the EU automatally get my account and balance data for tax reporting?

Isn't CRS residency based anyway?

 

[LegitBananas]

Isn't CRS residency based anyway?

it is