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Russian FTS approved new standards for notifications on the resident’s accounts in foreign banks

DATE: October 9, 2018 | AUTHOR: AT

On October 5, Order of the Russian FTS, approving simplified procedure for filing notifications to the tax authorities on personal or joint accounts of the RF residents abroad, came into effect. Residents can send to the tax offices adjusting or canceling message to substitute the earlier sent notifications. Residents that have no place of residence and immovable property on the RF territory can send notifications to the tax authorities of their choice. Moreover, notifications from now on can be filed personally, per e-mail or electronically in the user account on the FTS website. The Order is available here (in Russian).

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