In addition to last week’s update on Financial Account reporting in Russia (Link-Blog), the Federal Tax Service of Russia issued draft documents for public discussion (Link-Russian). The following documents are available for public proposals and comments:
- checklist for financial market organizations to conduct an independent analysis of the proper implementation of Russian requirements in the field of CRS (Link-Russian); and,
- new version of the format of the report on customers – tax residents of foreign states version 5.03 (Link-Russian).
The feedback can be sent until 16 December 2019.