Automatic exchange of information between the tax administrations of EU Member States starts from 2015. Thus Local Tax offices will be able to collect information about their citizen’s incomes acquired abroad. 

In case the recipient is foreign individual or entity, companies shall submit information for the following benefits:

  • From employment contracts - for individuals

  • Income from management and control - for individuals and legal entities

  • Rental income - realized by individuals and legal entities

  • Pension funds will submit information about pensions paid

  • Insurance companies - insurance benefits

  • Registry Agency will submit information on available property and / or income from the sale of real estate by foreign persons

The scope of exchanged information will expand to other types of income.