Common Reporting Standards commonly referred as CRS, likewise FATCA, CRS is reporting of institutions outside the United States. In another word, CRS is roughly an international version of FATCA outside the United States with all countries who have entered an agreement for Automatic Exchange of Information (AEoI). Seeing the United States initiative for combatting tax evasion issue, the G20 request and approved by the OECD Council for the CRS. CRS calls for jurisdiction for an automatic exchange of information annually and transparency of beneficial owners. There are at least 90 jurisdiction participating in the fight for combatting the issue of tax evasion.