First FATCA reporting for financial institutions deadline postponed again
27/11/20
The Ministry of Finance of Ukraine has announced that the deadline for submitting the first reporting to the US Internal Revenue Service under the Agreement between the Government of the United States of America and the Government of Ukraine to Improve International Tax Compliance and to Implement FATCA (hereinafter – "IGA") for the State Tax Service of Ukraine was extended until 30 September 2021 (the previous deadline was 31 December 2020).
In view of this the Ministry of Finance of Ukraine informed that financial institutions should submit a FATCA report to the State Tax Service of Ukraine until 1 September 2021. We draw your attention that the first FATCA reporting should contain information regarding the 2014 - 2020 reporting years.
We will continue monitoring the developments in the application of the provisions of the IGA and keep you updated.
Should you have any further questions, feel free to reach out to our team.
