Will Revolut share my tax information with anyone?
Revolut has an obligation by law to report the year end account balances to local tax authorities in Lithuania annually, or provide information on their request. Revolut does not share your information on an automated basis or directly with tax authorities of other countries, it is the Lithuanian tax authority that’s responsible for collecting and sending this to other local authorities under the Standard for Automatic Exchange of Financial Account Information, developed by the OECD, which represents the international consensus on automatic exchange of financial account information for tax purposes, on a reciprocal basis.
Revolut Payments UAB and Revolut Bank UAB merger
- Why is Revolut Payments UAB merging with Revolut Bank UAB?
- When will the merger happen?
- What will change after the merger?
- Can I opt out of the merger?
- Do I need to transfer all of my money during the merger? Where will my money be safeguarded?
- Revolut Insurance Migration
- Device Insurance Migration
- Will there be new T&Cs?
- Do I need to submit my passport/national ID due to the merger if I already have an account?
- What will happen to my trading account after the merger?
- What will happen to my Savings Vault after the merger?
- On what basis are you able to change our agreement and merge?
- What is the Bank Of Lithuania and why can I trust them?
- Will Revolut still be regulated by FCA?
- Why wasn't I informed about the merger?