iSP Global Tax Info February 1st, 2018
The German Federal Ministry of Finance published an internal letter on February 1, 2018 with regard to the automatic exchange of information of financial accounts. The paper contains a preliminary list of all states participating in the data exchange process (up to date 101 countries mentioned) starting on September 30, 2018. The final list will be published at the end of June 2018.
German financial institutions have to forward their respective data to the Federal Tax Office until July 31th, 2018.