Important deadlines

  • Print

CRS/FATCA is introducing a number of deadlines which declarants, etc. must comply with. The most important deadlines are presented here in a summary.

Deadline Remarks
01/01/2018 Start registration of information concerning beneficial owners who are resident in Norway for tax purposes. The information must be reported from the 2018 income year.
31/12/2017 Review of customer information linked to existing accounts must be completed, in order to determine whether the account holder/beneficial owner is resident/domiciled in another country for tax purposes
10/02/2017

Submission of information concerning foreign account holders via Other financial products for statement submitters who are not covered by national schemes

10/02/2017

Submission of information concerning foreign account holders for statement submitters covered by Mutual funds

20/01/2017

Submission of information concerning foreign account holders for statement submitters covered by Deposits, loans and interest

20/01/2017 Submission of information concerning foreign account holders for statement submitters covered by Life insurance
31/12/2016 Deadline for registering funds, etc. as a “sponsored entity” with the US tax authorities
31/12/2016 Deadline for obtaining US identification number of account holder/beneficial owner when the account was set up before 1 July 2014
31/12/2016 Collective review of customer information linked to existing personal accounts with a value in excess of USD 1,000,000, in order to determine whether the account holder is resident/domiciled in another country for tax purposes
20/10/2016 Start of test period for statements which must be submitted as a file attachment
30/06/2016 Review of customer information linked to existing accounts must be completed, in order to determine whether the account holder/beneficial owner is resident/domiciled in the USA or is a US citizen
01/01/2016 Introduction of new routines to determine whether an account holder/beneficial owner is resident/domiciled in another country for tax purposes (CRS)
30/06/2015 Deadline for collective review of customer information linked to existing personal accounts with a value in excess of USD 1,000,000, in order to determine whether the account holder is resident in another country for tax purposes or a US citizen
01/07/2014 Introduction of new routines to determine whether an account holder/beneficial owner is resident/domiciled in the USA or is a US citizen (FATCA)

 

 

Did you find what you were looking for?

Maks 255 tegn. Kun tall og bokstaver.