Posts Tagged Foreign Account Tax Compliance Act (FATCA)
* G5 Agree Deadline for Automatic Info Exchange The G5 has agreed to formally ink a new deal on a global standard for the automatic exchange of tax information. Check here for more. ——————————————————————————————————————————————–— * US and Australia Inked IGA The United States and Australia signed an intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA). Find more following the link. ——————————————————————————————————————————————–— * Bahrain Implements ATA Carnet System Bahrain is the 74th country in the world to adopt the ATA system. Read more here.
* International Yearbook of Industrial Statistics 2014 United Nations Industrial Development Organization (UNIDO) published the International Yearbook of Industrial Statistics 2014. The statistical publication presents detailed, country-specific, business structure statistics, which provide empirical evidence for formulating industrial policy and carrying out comparative analysis of structural change and productivity. Follow the link for more. ——————————————————————————————————————————————–— * US and China Drive International Patent Filing Growth The United States of America and China drove record-level patent-filing activity via WIPO. Please read more here. ——————————————————————————————————————————————–— * The Revised WTO Agreement on Government Procurement (GPA) The revised WTO Agreement on Government Procurement (GPA) will come into force on 6 April 2014. The revised WTO Agreement on Government Procurement will open markets and promote good governance in the participating Member economies. Follow the link for more. ——————————————————————————————————————————————–— * Canada & South Korea successful conclusion of the FTA Canada and South Korea inked a free trade agreement (FTA) after more than six year of negotiations. Check here for more. ——————————————————————————————————————————————–— * Finland, Chile Sign US FATCA The United States signed intergovernmental agreements (IGAs) with Finland and Chile to implement the Foreign Account Tax Compliance Act (FATCA), bringing the total of such agreements that have been signed to 24. Check here.
* US & UK Sign FATCA Agreement US and UK announced the signing of a bilateral agreement to implement the information reporting and withholding tax provisions within the Foreign Account Tax Compliance Act (FATCA). Kindly check here. * US Intents to Extend FATCA to EU & Asia US will send its Deputy Assistant Secretary for International Tax Affairs to EU and Asian countries to discuss the implementation of the Foreign Account Tax Compliance Act (FATCA). This action is part of the US Treasury Department strategy on the global efforts to combat offshore tax evasion. More here.
* US to Cooperate With Switzerland & Japan On FATCA 25 June 2012, Washington After the agreements reached with France, Germany, Italy, Spain and the UK, US is pursuing the implementation of the Foreign Account Tax Compliance Act (FATCA) with Switzerland and Japan. More here. ———————————————————————————————————————————————–———– * UNCTAD & WIPO Start Regular Consultation 25 June 2012 The United Nation Conference on Trade and Development (UNCTAD) and the World Intellectual Property Organization (WIPO) have decided to establish of a regular consultation mechanism between the two organizations to strengthen consultation and coordination on issues of mutual interest. Further information here. ———————————————————————————————————————————————–———– * OECD – International Migration Outlook 2012 27 June 2012 OECD published the International Migration Outlook 2012 which provide an analysis of recent developments in migration movements and policies in OECD countries. More here. ———————————————————————————————————————————————–———– * ICC Publishes Banking Commission Official Opinions 28 June 2012, Paris The International Chamber of Commerce (ICC) published the volume “Banking Commission Official Opinions” on regard of the impact and isuues related to the latest ICC rules on documentary credits, collections and demand guarantees in daily practice. For further information please click here.