The notifying Czech financial institution that maintains the notified account during the calendar year shall submit to the tax administrator a notification (with relevant details, e.g. data established about the notified account) of its cancellation and, if provided for in an international treaty, the balance on the account or its value immediately before its cancellation. If the investigation reveals that the reporting Czech financial institution does not maintain any reported account during the calendar year, it shall notify the tax administration of this fact. The notification shall be made only electronically (Czech Financial Institution Notification (CRS - Common Reporting Standard/GATCA - Global Account Tax Compliance Act)).

The notifying Czech financial institution that maintains the notified account during the calendar year shall submit to the tax administrator a notification (with relevant details, e.g. data established about the notified account) of its cancellation and, if provided for in an international treaty, the balance on the account or its value immediately before its cancellation. If the investigation reveals that the reporting Czech financial institution does not maintain any reported account during the calendar year, it shall notify the tax administration of this fact. The notification shall only be made electronically (Foreign Account Tax Compliance Act (FATCA) Notification by a Czech financial institution).

The Czech member entity of the multinational enterprise group shall submit a notification to the tax administrator, in which it shall provide the information necessary for the technical security of the notification (if it is the filing entity) and the ultimate parent entity of the group, including its jurisdiction. In addition, it shall indicate which entity will file the notification containing the country-by-country report for the group (either the ultimate parent or the substitute parent or the substitute European entity, or the reporting entity itself as a 'local filing'), including the jurisdiction of the filing entity.

The Czech member entity of a multinational enterprise group that is the ultimate parent entity of that group shall file a notification with the tax authorities containing a country-by-country report for that group. CbCR (Country by Country Reporting) notification.

The obligated person (i.e., the arranger of the cross-border arrangement and, in certain cases specified by law, the user of the cross-border arrangement) is required to file a notice, namely, of cross-border arrangements that have the effect of, among other things, obtaining a tax advantage, avoiding the reporting requirement under the CRS (Common Reporting Standard), and concealing the beneficial owner arising from such arrangements.