Regulation (2015:921) For Identification Of Reportable Accounts For Automatic Exchange Of Information About Financial Accounts

Original Language Title: Förordning (2015:921) om identifiering av rapporteringspliktiga konton vid automatiskt utbyte av upplysningar om finansiella konton

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Read the untranslated law here: http://rkrattsbaser.gov.se/sfst?bet=2015:921

/Entry into force: 01/01/2016/scope



section 1 of this Regulation shall apply for the purposes of the Act (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts.



Calculation of limit values



section 2 for the purpose of calculating a credit balance or value according to 4-8.

Act (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts, all accounts that a person holds in respect of the reporting required financial institution or a financial institution reporting to the related entity are aggregated. However, this applies only if the reporting required financial institution's computer system allows for such a count.



Any natural person who holds an account jointly with someone else at the rankings provided for in the first subparagraph shall be regarded as joint holders of the account balance or value.

3 § If there is an official of the reporting required financial institution who has particular responsibility for contacts with an account holder and the officer has reason to believe that the account holder directly or indirectly owns or controls one or more other accounts, all these accounts are aggregated for purposes of calculating the balance or value according to 4-8. Act (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts.



The first paragraph does not apply to such accounts as an account holder controls or has opened on behalf of someone else as trustee.



4 section When an amount given in u.s. dollars in 4-8. Act (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts shall include the equivalent amount in another currency.



In determining whether a balance or value in a currency other than u.s. dollars equals or exceeds an amount specified in u.s. dollars in 4-8. the law on identification of reportable accounts for automatic exchange of information about financial accounts, the reporting required financial institution use a published spot rate for the last day of the calendar year preceding the date of the examination according to 4-8.

is done.



Representations



§ 5 A certification for identification of reportable accounts under the Act (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts should be signed or otherwise confirmed and have been in any way other than orally. Certification must also be dated and include the account holder's name, address, country of residence, tax identification number and the country or countries for tax registration number.



The certification must be submitted on their honour.



Authorization



section 6 of the tax Board may announce 1. the additional requirements necessary for the enforcement of the law (2015:911) If identification of reportable accounts for automatic exchange of information about financial accounts, and 2. rules for the implementation of this regulation.