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                        THURSDAY, MARCH 28, 2024
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Nation    

Ukraine approves FATCA provisions to comply with US tax demands
Journal Staff Report

KYIV, Dec 9 – Parliament passed amendments to the laws on banks and banking activities, regarding the procedure for disclosing bank secrecy, on the depository system of Ukraine, regarding access to information, and the Tax Code of Ukraine within the framework of the implementation of the agreement between the governments of Ukraine and the United States to improve the implementation of tax rules and the application of the provisions of the Foreign Account Tax Compliance Act of the United States (FATCA).

Bills No. 2102 and No. 2103 were passed on December 3.

"Another victory, another step forward! Forward to financial data exchange with the U.S. and the world," the Finance Ministry said.




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