Austria’s OMV head tells Putin about joint plans with Gazprom to extract gas in SiberiaBusiness & Economy April 28, 15:16
Central Bank may lower key rate to 8.5% by year’s end — Ex-Finance Minister KudrinBusiness & Economy April 28, 15:02
Russia to reach target oil production cut level on April 30 — energy ministerBusiness & Economy April 28, 14:36
Bernie Ecclestone says racing track in Sochi remains among his favorite onesSport April 28, 14:19
Russia ready to provide Hitler’s skull to scrutinize its authenticitySociety & Culture April 28, 14:15
State-run Ukrainian bank launches seizure of ex-president Yanukovich’s assetsBusiness & Economy April 28, 14:05
Russia to upgrade parachute for Ratnik ‘soldier of future’ combat outfitMilitary & Defense April 28, 13:46
Russia's Central Bank reduces key rate to 9.25%Business & Economy April 28, 13:39
Turkey, Russia clinch agreement on S-400 air defense system deliveriesMilitary & Defense April 28, 13:38
“VTB has registered in the US’ Internal Revenue Service (IRS) to comply with the FATCA and is ready to operate in accordance with it on its own. To minimize the risks VTB has ordered its US branches to gradually stop providing services to American taxpayers. This refers to households and corporate bodies,” a VTB spokesman told Izvestia.
Other Russian credit organizations are considering similar measures, the daily reported.
The group does not plan to terminate current agreements with the clients, but will not prolong them.
The FATCA obliges banks to send information about US clients and their transactions to the IRS and to avoid tax fraud committed by US citizens. The act will come in force on July 1.