United States and Malta sign FATCA Bilateral Agreement

16 December, 2013

The United States and Government of Malta signed an intergovernmental agreement on 16 December 2013 to implement the FATCA provisions that apply to certain financial institutions and funds under U.S. law.  The aim of the FATCA agreement is to

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France and the US signed FATCA Intergovernmental Agreement

10 December, 2013

On 14 November 2013, the US and France signed an Intergovernmental Agreement (IGA), in order to improve international tax compliance and to implement the US Foreign Account Tax Compliance Act. The FATCA legislation aims to ensure that US citizens

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A ‘FATCA’-type Agreement has been signed by Cayman and the UK

08 December, 2013

A bilateral governmental agreement has been signed by The Cayman Islands with the United Kingdom on November 05, 2013 which set the foundation for the automatic exchange of financial information about UK taxpayers who hold accounts in the Cayman

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FATCA agreement between Hungary and United States

18 November, 2013

The Ministry of National Economy of Hungary announced on 28 October 2013 that Hungary and the United States signed a Model 1 intergovernmental agreement (IGA) regarding the FATCA legislation. The agreement would allow automatic exchange of

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Thailand- Plans to Delay FATCA Deadline by Six Months

04 November, 2013

Thailand will postpone its deadline to become compliant with the U.S. Foreign Account Tax Compliance Act by six months, which is to June 2014. Thailand had hoped to be FACTA-compliant by 31 December but gridlock in Washington and Thailand’s own

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Canada – New withholding rules and information collecting rules under the FATCA

09 September, 2013

Under the U.S. Foreign Account Tax Compliance Act (FATCA), Canadian banks and certain other non-U.S. entities must allow with new rules of withholding and information collecting requirements that take effect on June 30, 2014. In respect of FATCA

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