Nil Reports not required by Model 1 IGA FIs
In a recent update of the IDES Technical FAQ the IRS published the statement that: “Only Direct Reporting Non-Financial Foreign... Continue reading →
Making the connection
In a recent update of the IDES Technical FAQ the IRS published the statement that: “Only Direct Reporting Non-Financial Foreign... Continue reading →
On 7 January 2015 Qatar and the United States signed a Model 1 IGA. The text can be found here: FATCA-Agreement-Qatar-1-7-2015
End of 2014 leads to an update of the GIIN list, showing all registered FFIs per country. The list now... Continue reading →
On 15 December 2014 the Cayman Islands Tax Information Authority issued guidance notes on FATCA implementation for the IGAs between Cayman... Continue reading →
The reputable site LiveMint.com reports that India is expected to sign an IGA with the U.S. before the end of... Continue reading →
The United States Treasury have added countries to the list of jurisdictions that have reached agreements in substance. The new... Continue reading →
On 25 November the U.S. Treasury published an update of the second notification of more favorable terms. The notification is still based on... Continue reading →
Below is a picture of the registrations per November 22nd, 2014. FATCA is global. My expectations as to the numbers... Continue reading →
On 18 November 2014 Barbados signed a Model 1 IGA. The text can be downloaded here: FATCA-Agreement-Barbados-11-17-2014
On 13 November 2014 Hong Kong and the United States signed an Intergovernmental Agreement (IGA) to facilitate compliance with the U.S.... Continue reading →