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  • Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 4/10/2014

Russia - FATCA intergovernmental agreement negotiations are suspended 

April 10:  It is being reported by the Russian press that negotiations between Russia and the United States for an intergovernmental agreement (IGA) to implement the provisions under the U.S. FATCA* law have been suspended.

*FATCA = Foreign Account Tax Compliance Act


In light of these reports, Russian financial institutions may need to consider PFFI registration.



For more information, contact a KPMG tax professional in Russia:


Dmitry Chistov

+74 959 374 428 x11562




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