FATCA

North America | 19 Feb 13

The Isle of Man has moved one step closer to signing a “mini FATCA” agreement with the UK, and has also announced that a new IoM tax disclosure facility with the UK will be launched in April.

North America | 18 Jan 13

The US Treasury and Internal Revenue Service last night issued the final regulations detailing how the Foreign Account Tax Compliance Act is to be implemented, ending weeks of speculation.

North America | 21 Dec 12

Irish and American officials today signed an agreement whereby Ireland has pledged to collect data on accounts in Irish financial institutions held by Americans, and provide it to the US tax authorities.

North America | 7 Dec 12

Ireland has become the latest jurisdiction to agree to an intergovernmental agreement with the US to implement FATCA. Final terms are expected to be worked through in the coming days.

North America | 5 Dec 12

Switzerland and the US initialed an agreement giving exemptions to the implementation of the tax legislation FATCA yesterday in Washington, D.C.