US and UK sign first bilateral FATCA intergovernmental agreement
The US and the UK announced on 14 September that they have signed a bilateral agreement to improve international tax compliance and implement the information reporting and withholding tax provisions of the Foreign Account Tax Compliance Act (FATCA). The agreement should lessen the burden of FATCA compliance on UK financial institutions, while increasing the ability of taxing authorities in both countries to obtain information in their efforts against tax evasion.
Click on the link above to download this Baker & McKenzie briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
Why register to The Lawyer
More relevant to you
News from The Lawyer
Analysis from The Lawyer
Labour’s pledge to abolish ’non-dom’ status has made waves, but it’s not the only issue in this election campaign that will potentially have an effect on the work of private client lawyers.
The advance of boutiques and the emergence of regional centres such as San José and Singapore are putting the capital’s primacy to the test