Unofficial translation (c) Soyuzpravoinform LLC
It is registered
Ministry of Justice of Ukraine
September 14, 2023
No. 1618/40674
of August 30, 2023 No. 468
About approval of the Procedure for registration and removal from accounting of financial agents which are accountable financial institutions for the purposes of the multilateral agreement of competent authorities about automatic exchange of information about financial accounts and the general standard of the reporting and proper verification of information on financial accounts
According to subitem 39-3.3.3 of Item 39-3. 3 Articles 39-3 of the Section I of the Tax code of Ukraine, the subitem 5 of item 4 of the Regulations on the Ministry of Finance of Ukraine approved by the resolution of the Cabinet of Ministers of Ukraine of August 20, 2014 No. 375, for the purpose of ensuring accomplishment of the multilateral agreement of competent authorities about automatic exchange of information about financial accounts of PRIKAZYVAYU:
2. In accordance with the established procedure to provide to department of the international taxation of the Ministry of Finance of Ukraine:
submission of this order on state registration in the Ministry of Justice of Ukraine;
promulgation of this order.
3. This order becomes effective from the date of its official publication.
4. To impose control over the implementation of this order on the Deputy Minister of Finance of Ukraine Vorobey S. I. and Chairman of the State Tax Administration of Ukraine.
Minister
S. Marchenko
It is approved: Acting Chairman of the State Tax Administration of Ukraine |
T. Kiriyenko |
First Deputy Minister of digital transformation of Ukraine |
O. Vyskub |
Approved by the Order of the Ministry of Finance of Ukraine of August 30, 2023, No. 468
1. This Procedure determines the mechanism of registration of financial agents who are accountable financial institutions for the purposes of the multilateral agreement of competent authorities about automatic exchange of information about financial accounts and the general standard of the reporting and proper verification of information on financial accounts, their removal from accounting and modification of the data received for their accounting according to this Procedure.
2. For the purposes of this Procedure the terms "Accountable Financial Institution", "Financial institution", "Financial Institution of Ukraine", "Depository institution", "Custodial Organization", "Certain Insurance Company", "Investment company", "Organization", "Financial Account" and "Accountable Account" are used in the values given in the Section II of the Procedure for application of the general standard of the reporting and proper verification of information on financial accounts (Common Standard on Reporting andDueDiligencefor Financial Account Information) approved by the order of the Ministry of Finance of Ukraine of May 26, 2023 No. 282, registered in the Ministry of Justice of Ukraine on June 29, 2023 at No. 1090/40146 (further - the Procedure for application of the general standard of the reporting of CRS). The term "tax number" is used in the value given in subitems 2. 2, 2.4 Sections II of the Accounting treatment for taxpayers and charges approved by the order of the Ministry of Finance of Ukraine of December 09, 2011 No. 1588, registered in the Ministry of Justice of Ukraine on December 29, 2011 at No. 1562/20300.
3. All financial agents, being Accountable Financial Institutions are subject to registration in GNS (further - PFU). Capture of PFU on accounting in GNS is performed irrespective of availability at PFU of Accountable Accounts in the accounting period.
4. Information on PFU obtained for their accounting according to this Procedure is introduced in the list of Accountable Financial Institutions (further - the List of PFU).
5. The list of PFU conducts GNS. Capture of PFU on accounting, their inclusion in the List of PFU, modification of data on PFU in the List of PFU and removal of PFU from accounting with their exception of the List of PFU is performed by GNS electronically with use of means of electronic communication.
1. PFU is registered, concerning PFU changes are made to the List of PFU and PFU it is struck off the register based on the corresponding statement which form is given in appendix 1 to this Procedure.
2. Submits the application for registration (the applicant is):
1) the financial institution of Ukraine which stays on the registry as the taxpayer in monitoring bodies has tax number and will submit reports on accountable accounts pro se independently;
2) the company on asset management for each institute of joint investment which corresponds to determination of "Accountable Financial Institution" and which assets the company on asset management manages;
3) the financial institution of Ukraine which according to the law or the agreement is authorized or shall submit the reporting from name or concerning partnership, trust or other organization, not being the legal entity, but is Accountable Financial Institution.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.