Baker & McKenzie

International Top 30 position: 1
Asia-Pacific International 50 rank: 2

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.

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Analysis from The Lawyer

  • Corruption perceptions

    Risk: Tales of the frontier

    A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions 

  • Shell

    Shell: taking the power back

    Shell legal director Peter Rees is switching litigation control away from external counsel to a unified global team of in-housers

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Overview

100 New Bridge Street
London
EC4V 6JA
UK

Firmwide revenue 2011 ($m): 2,313.0
Global lawyers 2011: 3,805
No. of lawyers (Asia Pacific): 1,084
Offices (Asia Pacific): 14