Cabinet of Ministers Regulations No. 134 in Riga on 24 March 2015 (pr. No 16 11) the order in which the State revenue service provides information to the law "on Government of the Republic of Latvia and the Government of the United States of America agreement on international tax duties and the law on foreign account tax obligations (FATC) introduction of" requirements to ensure compliance are Issued in accordance with the law "About taxes and duties" in article 15, the fourth part of the law of credit institutions, and article 63, first paragraph, point 11.2

1. determine the procedure and the period within which the financial institutions of Latvia State revenue service provides information to ensure that the law "on Government of the Republic of Latvia and the Government of the United States of America agreement on international tax duties and the law on foreign account tax obligations (FATC) Introduction" (hereinafter referred to as the agreement) requirements. 2. the terms used in the rules: 2.1. Latvian financial institution – taxpayers who meet the Latvian fixed in the contract the definition of financial institution and are not covered by Annex II to the agreement exceptions; 2.2. the FATC XML schema – the United States Internal Revenue Service developed a data exchange format to ensure the exchange of data on taxpayers, their accounts and transactions. FATC XML schema and related documentation is available in the United States internal revenue service home page on the internet; 2.3. WEB services – provided by the State revenue service solution designed to provide automated information exchange agreement with the Latvian financial institutions online XML file format; 2.4. reporting period-the calendar year for which provide information. 3. The State revenue service is the competent authority for the provision of information exchange in the framework of the Treaty. 4. The State revenue service within five working days after the request of the Latvian financial institutions provides the WEB service user rights assignment for a financial institution. 5. financial institutions, using WEB services, electronically submit to the State revenue service agreement article 2, second paragraph, point "a" in article 4, first paragraph, point "b", as well as the second paragraph of article 4, the information specified in it to July 31 of the year following the reporting period. 6. Latvian financial institutions the State revenue service this provision in paragraph 5 of the information provided pursuant to article 3 of the Treaty, the third subparagraph of point "a", as well as article 4 of the first paragraph of point "b". The Latvian financial institutions are entitled not to give this point 5 of the rules, the information specified in section II of annex I to the agreement in point (A), in point (A) of section III, section IV, as well as in paragraph (A) of section V, in the case referred to in paragraph (A). 7. the financial institutions shall draw up the rules in paragraph 5, the following information respecting the FATC XML schema requirements. 8. The State revenue service within five working days after this point 5 of the rules of receipt of the information referred to by using a WEB service, electronically inform the Latvian financial institution for receiving information. If the State revenue service finds non-conformity with this provision of the information referred to in paragraph 5, the five working days following receipt of the information by using WEB service, electronically inform the financial institution of Latvia on perceived inconsistencies and necessary modifications. 9. the financial institution on the basis of this provision, paragraph 8, 10 working days after from the State revenue service received information about the necessary modifications by using a WEB service, submit them to the State revenue service. 10. The State revenue service provided from the Latvian financial institutions the transmission of information received by the United States internal revenue service until 30 September of the year following the reporting period. 11. If the Latvian financial institution is not able to provide information pursuant to paragraph 5 of these regulations, it shall at the earliest opportunity, but not later than July 31 of the year following the reporting period, inform the State revenue service information on the reasons for, and expected date of submission of the information. 12. The State revenue service within five working days after this provision in paragraph 11 of this disclosure from financial institutions of Latvia, where this provision is referred to in paragraph 11 the anticipated date of submission of information is determined by the September 30 of the year following the reporting period, inform the United States Internal Revenue Service for failure to provide information of the reasons for, and expected date of submission of the information. 13. If the United States Internal Revenue Service State Revenue Department announces that the Latvian financial institutions the information provided is inaccurate, incomplete or otherwise not in conformity with the contract, the State revenue service as early as possible, but not later than within five working days of receipt of the information from the United States Internal Revenue Service informed the Latvian financial institution through the State revenue service electronic declaration system. Informing financial institutions of Latvia, Latvia State revenue service of the financial institution shall make available to the United States Internal Revenue Service notice, as well as inform you about necessary amendments, stating the United States ' internal revenue service date of receipt of the information. 14. the financial institution on the basis of the provisions of this paragraph 13, 20 working days after the receipt of the information from the State revenue service requested or submitted revised these rules referred to in paragraph 5 of information in electronic form, using the WEB service when the United States Internal Revenue Service Announces discrepancies FATC XML schema requirements, or the State revenue service electronic declaration system, if the requested information be submitted in writing. 15. If the Latvian financial institution is not able to provide the information in accordance with this provision, paragraph 14, it as early as possible, but no later than 20 working days after paragraph 13 this provision of the information referred to in the receipt from the State revenue service informs the State revenue service information on the reasons for, and expected date of submission of the information. 16. The State revenue service shall ensure protection of the data received, consistent with the laws that govern the protection of the information with regard to the processing of personal data and on the free movement of such data. 17. the rules shall enter into force on 1 June 2015. The Prime Minister is the Rapidity of the Newsletters Finance Minister John a Rare