FATCA agreement between US and Czech Republic signed
United States and the Czech Republic signed a Foreign Account Tax Compliance Act (FATCA) Agreement, on 4 August 2014. Under the agreement, Foreign Financial Institutions (FFIs) in Czech Republic will report the information required under FATCA about
See MoreFATCA between US and Isle of Man enter into force
Isle of Man and the United States Foreign Account Tax Compliance Act (FATCA) Agreement entered into force on 30 June 2014 and consequently takes effect for the Isle of Man from 1 July 2014. Under the agreement, Foreign Financial Institutions (FFIs)
See MoreNew Zealand-United States: FATCA agreement enters into force
Foreign Account Tax Compliance Act (FATCA) between New Zealand and United States has entered into force on 3 July
See MoreFrance-Ratification of FATCA pact with the United States
The French Minister of Foreign Affairs has presented a draft bill to ratify the intergovernmental agreement (IGA) between France and the United Sates to apply the Foreign Account Tax Compliance Act (FATCA). The agreement provides a framework
See MoreUS-Israel FATCA agreement details
The US Treasury Department has published the official text of the intergovernmental agreement (IGA) between the United States and Israel that was signed on June 30, 2014 for implementation of the Foreign Account Tax Compliance Act (FATCA). The
See MoreIndia: With US reached an “agreement in substance” Status of Model 1 IGA under FATCA
India and the United States reached an “agreement in substance" for a Model 1 intergovernmental agreement (IGA) for purposes of implementing the FATCA (Foreign Account Tax Compliance Act) regime. The Reserve Bank of India declared in 30 June
See MoreUS: Ten IGAs Join ‘In Substance’ FATCA
At the eleventh hour another ten jurisdictions joined in FATCA after fulfilling the terms of intergovernmental agreements (IGAs). According to US transitional FATCA rules, agreements come into substance before July 1 can be regarded as being in
See MoreNew Zealand and United States signs FATCA IGA to share tax information
On 12 June, New Zealand signed an intergovernmental agreement with U.S to improve international tax compliance and to implement the Foreign Account Tax Compliance Act. According to the IGA, New Zealand financial institutions will disclose account
See MoreFATCA agreement between US and Latvia signed
Latvia and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement, on June 27, 2014. Under the agreement, Foreign Financial Institutions (FFIs) in Latvia will report the information required under FATCA about U.S. accounts
See MoreRussian banks help IRS after new FATCA law passed
The State passes legislation allowing Russian banks to pass information on their U.S. clients to the IRS, as demanded by the Foreign Account Tax Compliance Act (FATCA). FATCA will come into force on July 1, 2014, and by this time the law that
See MoreUAE and US Signed Provisional FATCA Agreement
The United Arab Emirates (UAE) and US signed an Intergovernmental Agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) of United States. The US congress enacted FATCA in 2010, taking effect on July 1, 2014, desire to ensure
See MoreSouth Africa and United States signed agreement to share tax information
U.S. Ambassador to South Africa Mr Patrick H. Gaspard and South African Minister of Finance, Mr Nhlanhla Nene signed an intergovernmental agreement, on June 9, 2014, to improve international tax compliance and to implement the Foreign Account Tax
See MoreSwitzerland and United States FATCA agreement enters into force
The Federal Council decided, on June 6, 2014, that the FATCA agreement between Switzerland and the United States came into force on June 2, 2014. This agreement was approved by the parliament in September 2013. The FATCA execution in Switzerland is
See MoreTurkey enlisted as having FATCA in effect
Turkey has reached an intergovernmental agreement (IGA) with the United States to execute the Foreign Account Tax Compliance Act (FATCA), and has agreed to be listed on the website of the US Treasury Department as a jurisdiction that is supported as
See MoreHong Kong: FATCA Agreement Nears Conclusion
Hong Kong and the United States are nearing a conclusion to negotiations for an inter-governmental agreement (IGA) to pave the way for Hong Kong financial institutions to comply with the Foreign Account Tax Compliance Act (FATCA). The FATCA is due
See MoreSingapore- US: Reach FATCA Agreement
The US and Singapore have completed their negotiations in respect of an intergovernmental agreement (IGA) to allow institutions in Singapore to carry out the provisions of the Foreign Account Tax Compliance Act (FATCA). The FATCA requires the IRS to
See MorePakistan Warns Banks to Register For FATCA
The State Bank of Pakistan has issued advice to financial institutions to ensure that they register with the US IRS in respect of the Foreign Account Tax Compliance Act (FATCA). They have given this advice because the intergovernmental agreement
See MoreIsrael and US Reach FATCA Agreement
Israel and the US have agreed on the wording of an intergovernmental agreement (IGA) that will enable the provisions of the US Foreign Account Tax Compliance Act (FATCA) to be carried out in Israel. The FATCA takes effect from 1 July 2014 and from
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