The government has prepared a bill to create a register of accounts and bank safes of individuals, which will be administered by the Tax Service. In fact, this gives tax officials access to banking secrecy. The Ministry of Finance claims that not all of the information will be disclosed, but only a thirteenth of it. What exactly will be in the register?
The government has prepared a bill to create a register of accounts and bank safes of individuals, which will be administered by the Tax Service. In fact, this gives tax officials access to banking secrecy. The Ministry of Finance claims that not all of the information will be disclosed, but only a thirteenth of it. What exactly will be in the register?
The key innovation of the bill is providing the tax department with information about bank accounts of individuals. Tax officials already track similar data for individual entrepreneurs (IEOs) through the Unified State Register of Legal Entities. So what exactly will change for other citizens, Forbes Ukraine found out .
As the Ministry of Finance informed the publication, and the NBU confirmed this, the register will contain the following information:
The register will not disclose information about:
"This is only the thirteenth part of the concept of "banking secrecy," the press service of the Ministry of Finance said in a response.
Recall that the creation of such a registry is a requirement of the European financing program Ukraine Facility, as well as a general EU recommendation for Ukraine's accession to the Single Euro Payments Area (SEPA).
