Posts Tagged US FATCA
US FATCA – Agreement Model 2
Posted by Bogdan Marius Beleuz in Fiscality, Auditing & Accounting, Global Financial System, Global Tax Agreements, Law & Legislation on November 18, 2012
14 November 2012 The United States Treasury Department released a second model agreement on FATCA. The second model agreement supplements direct reporting under FATCA by foreign financial institutions (FFIs) by adding the exchange of information between the respective governments, but only on request. The Model Intergovernmental Agreement (Model 2) is available here: Model 2 Agreement to Implement FATCA Please find more details following the link.
US – FATCA Agreement
Posted by Bogdan Marius Beleuz in Corporate Business & Management, European Union Issues, Financial & Investment Markets, Fiscality, Auditing & Accounting, Global Tax Agreements on September 22, 2012
* 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.