MOSCOW, March 22 - RAPSI. Government officials have reconciled a proposal at a meeting chaired by Prime Minister Dmitry Medvedev last week to give the tax authorities access to individual bank account numbers but not to all transaction details, two officials have told Vedomosti newspaper.
According to these government sources, tax officials will have limited access to bank account updates and balance: this information will only be given to the Federal Tax Service chief or his authorized representative in the event of an investigation into the affairs of the account's owner.
Only around 100 tax officials will be able to get authorization to monitor private transactions and the balance of accounts. They will be given permission for this by the service's chief for the time of the investigation.
Amendments will be made to the Tax Code and the banking law by the second reading of a government-sponsored bill on combatting illegal transactions, another government source said.
A Federal Tax Service representative said the tax authorities will only know which bank a person holds an account with, but not the transaction details.
He said Finance Minister Anton Siluanov proposed this policy at the service's board meeting in February.
The service already has a system which gives it online access to corporate account numbers, an official said. The tax authorities will either use the existing system or have a similar one installed for individual accounts.