PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of October 15, 2015 No. 422

About submission of information to tax authorities of foreign states

For the purpose of creation of conditions for informing tax authorities of foreign states with which the Republic of Belarus signs the international agreements on improvement of observance of the international tax rules:

1. Determine that: 

1.1. for the purposes of this Decree:

the terms "the account holder (the client under the agreement)", "agreement", "foreign state", "foreign physical person", "information on accounts (agreements)", "client", "international treaty of the Republic of Belarus", "account", "financial institutions of the Republic of Belarus" are used in the values determined in item 4 of article 86-1 of the Tax Code of the Republic of Belarus;

the term "foreign organization" is used in the value determined in Item 2 of article 15 of the Tax Code of the Republic of Belarus;

1.2. for the purpose of forming of information on accounts (agreements) and accomplishment of obligations according to the international treaty of the Republic of Belarus (further - the agreement) financial institutions of the Republic of Belarus in the procedure established by them:

inform the organizations and the physical persons who addressed for opening of the account (the conclusion of the agreement), on need to fill the Republic of Belarus established by financial institutions and (or) the document forms specified in the agreement (further - the established forms) for their identification for the purpose of verification of the status of the foreign organization or the foreign physical person and on the effects of refusal of filling of the established forms specified in the paragraph the second to part one of subitem 1.4 of this Item;

inform clients on need to fill the established forms for the purpose of establishment of account holders among them (clients under agreements) and about the effects of refusal of filling of these forms specified in paragraph three of part one of subitem 1.4 of this Item;

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