Exchange of tax information and income data

Automatic Tax Information Exchange: Ukraine and CRS in 2025

In 2025, Ukraine continues its active integration into the global system of automatic tax information exchange and income reporting. The legal basis is the Common Reporting Standard (CRS), which Ukraine joined as a full member in 2024.

Key developments in 2025:

• Annual exchange: CRS participant countries exchange data by September 30 each year. Ukraine exchanges information with over 100 countries.
• Exchange with Switzerland: Starting January 1, 2025, automatic data exchange begins between Ukraine and Switzerland. The first exchange is expected in fall 2026 for the 2025 reporting year.
• Exchange of smaller accounts: In September 2025, information will be exchanged for individual accounts with a balance under $1 million and entity accounts over $250,000.
• Digital platform income exchange: Ukraine is preparing to launch automatic exchange of income received through digital platforms. Amendments to the Tax Code are planned by April 2025.

Data exchanged:

• Personal: Name, address, tax residency, TIN, date/place of birth, financial institution info.
• Financial: Account balance, income (dividends, interest), beneficial owner info.

Impact on individuals and businesses:

• Greater transparency and reduced tax evasion;
• Ukrainian residents must report Controlled Foreign Companies (CFCs) and foreign assets;
• Key step toward EU integration.

Tax authority monitoring:

• Ukraine’s tax authority receives data on foreign accounts and income;
• Can compare reported income with foreign data and request clarification;
• Enhances enforcement of CFC taxation rules;
• Adds new tools for tax risk analysis and indirect control.

Conclusion:

Automatic exchange under CRS increases transparency, limits tax evasion, and supports fair taxation of Ukrainian residents’ global income.

If you hold foreign accounts or assets — don’t wait. One timely legal consultation can save you from serious problems later.

WINNER Law Firm — one of Ukraine’s top firms in tax, criminal, administrative, commercial law, and litigation.
📞 Contact: +38 067-755-55-13   
📽 Video lecture: “Tax Inspections. Transfer of Materials to the Bureau of Economic Security (BES)”
Speaker: Ihor Yasko, Head of Business Security Practice, WINNER Law Firm