Practical issues in the interpretation of certain terms of the Common Standard on Reporting and Due Diligence for Financial Account Information are explained in Newsletter № 5/2023.
Newsletter contains the following information:
- legal basis for implementation of the Common Reporting Standard CRS;
- permissible deviations from text of the Standard during its implementation in Ukrainian legislation;
- determination of the range of organizations that are accountable financial institutions and to which requirements of Article 39-3 of the Tax Code of Ukraine apply;
- unaccountable financial institutions;
- financial accounts;
- excluded Account, etc.
Read the Newsletter here.