First FATCA reporting deadline postponed from 1 September to 1 December 2020
28/08/20
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 31 December 2020.
In view of this and in accordance with the Tax Code of Ukraine, financial institutions should submit a FATCA report to the State Tax Service of Ukraine until 1 December 2020. Please note that the first FATCA reporting should contain information regarding the 2014-2019 reporting years.
We will continue monitoring the developments in the application of the provisions of the IGA and keep you updated.
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