Regulations on the statement of accounts in foreign banks.


Date FOR-1992-12-04-1009


Affairs Ministry


Published Dept. In 1992 Ranked. 27


Commencement 04/12/1992

Edited


Changes
FOR 1991-11-26-755

For
Norway

Legal

LOV-1980-06-13-24-§4-4, TO-1991-10-24-742

Promulgated


Short Title
Regulations on accounts in foreign banks

Established by the Tax Directorate 4 December 1992 pursuant to the Act of 13 June 1980 no. 24 on Tax Assessment Administration § 4-4 no. 7, cf. no. 4, and Finance and Customs Department's administrative decisions of 24 October 1991. 742.

§ 1. Taxpayers who have accounts in foreign banks or who has had such an account in the fiscal year, shall submit their tax returns one foreign assignment of such accounts containing a statement of the balance on the account at the beginning and end, possibly by account creation and termination, as well as return on account of the year. Individuals who have, or have had such an account in connection with business activities, and companies must submit a copy of Norges Bank's monthly task (Scheme 2 A) for December and for the month an account is created or terminated. Individuals who have, or have had such an account unrelated business activity, will provide information about the account on form RF 1231.

§ 2. This regulation comes into force immediately and apply the first time on filing of the tax return for the fiscal year 1992. As of the same date, the Regulations of 26 November 1991 no. 755 on the statement of accounts in foreign banks.