Finland: Corrections to FATCA and CRS annual information returns for 2025 reporting year
Reporting financial institutions can correct FATCA and CRS annual information returns by submitting a “replacement” return by July 31, 2026.
The Finnish tax administration on May 19, 2026, published a newsletter announcing that reporting financial institutions can correct FATCA and CRS annual information returns for the 2025 reporting year by submitting a “replacement” return by July 31, 2026. This replacement return will completely replace the previously submitted return.
The tax administration further reminds reporting financial institutions to provide the accurate inclusion of identifiers for account holders and controlling persons in the information returns. This enables recipient jurisdictions to automatically identify reported account holders and effectively use the information.
Read a May 2026 report prepared by the KPMG member firm in Finland