Resident individuals must submit a report on cash flows in foreign banks for 2023 by June 1, 2024, to the Federal Tax Service at the place of registration. For failure to provide or late submission of information, a fine of 20,000 rubles is provided.
Individuals — residents of Russia who have accounts (deposits) in a foreign bank or make money transfers without opening a bank account using electronic means of payment provided by foreign payment service providers must annually report about such accounts (deposits) to the tax authorities at their place of its accounting, a report on the flow of funds and other financial assets of a resident individual on an account (deposit) with a bank and other financial market organization located outside the territory of the Russian Federation, and on transfers of funds without opening a bank account using electronic means of payment.
It is necessary to timely submit a statement of cash flows in foreign banks for 2023 by June 1, 2024.
It is necessary to timely submit a statement of cash flows in foreign banks for 2023 by June 1, 2024.
