UK says no to son of FATCA but David Cameron puts tax evasion on G8’s agenda

Ralph Cunningham

November 21 2012

The UK government may be eager to help financial institutions comply with the Foreign Tax Compliance Act (FATCA) but it has rejected a call to introduce its own version of the US law. At the same time, the UK said the G8, of which it is the president in 2013, would focus on tax evasion.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

News United States United Kingdom Compliance Management Europe Jurisdictions

Ralph Cunningham

Ralph Cunningham worked at ITR between 2004 and 2018 and is now a freelance journalist.

more across site & shared bottom lb ros

More from across our site

Direct Tax

A&M.jpg

A&M Tax continues Europe push with Sweden launch

Magnus Pantzar is set to join as managing director after spending nearly a decade as EQT’s global head of tax

Sam Sholli, June 08 2026

Direct Tax

Williams-Matt .jpg

Pillar two criticism fair despite filing penalty waiver: BDO tax leader

The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals

Sam Sholli, June 08 2026

Sponsored

Sameer Nurmohamed new.jpg

Sponsored by Deloitte

Deloitte – Canada tax controversy interview

Sameer Nurmohamed, partner, Deloitte Legal Canada

June 05 2026

Sponsored

George Ankomah.jpg

Sponsored by Deloitte

Deloitte – Africa tax controversy interview

George Ankomah, partner, Tax & Regulatory Services, Deloitte Africa (Ghana)

June 05 2026

Direct Tax

A taxing week: Ryan’s Svalner Atlas deal shows that size does matter

The recent spree of firm mergers and acquisitions proves that geographic scale is the name of the game

Tom Baker, June 05 2026

Direct Tax

Global digital

This week in tax: Taxand expands UK network with Unity Advisory

The big four spin-off firm becomes Taxand’s second UK member; in other news, Haynes Boone launched a UK tax practice

Tom Baker, June 05 2026

Sponsored

Hourglass on financial graphs and reports

Sponsored by Deloitte Luxembourg

Tax uncertainties arising from timing differences: key concepts and practical implications

Jean-Michel Henry and Mona El-Begawi of Deloitte Luxembourg examine the complexities created by timing differences in Luxembourg, EU, and OECD tax regimes

Jean-Michel Henry, June 04 2026

Transfer Pricing

Stephanie photo.jpg

‘TP is a team sport’: NRF’s new hire on practice-building

Stephanie Pantelidaki’s economic expertise will give Norton Rose Fulbright’s other teams ‘extra firepower,’ she says

Sam Sholli, June 04 2026

Sponsored

Map of Portugal in the colours of the national flag, bordered by the EU flag and euro notes on top

Sponsored by MFA Legal & Tech

Portugal’s housing package: a new stress test for free movement of capital?

Samuel Fernandes de Almeida of MFA Legal & Tech assesses whether Portugal’s 7.5% surcharge on non-residents aligns with the EU’s free movement of capital principle and passes the proportionality test

Samuel Fernandes de Almeida, June 03 2026

Sponsored

Businessperson pointing to an abstract image of a network with a map of Canada in the colours of the national flag

Sponsored by McCarthy Tétrault

Canada’s new TP framework: key changes and best practices

Senior McCarthy Tétrault tax practitioners highlight significant updates and implications for multinationals as Canada’s transfer pricing rules become more closely aligned with OECD guidance

Anu Koshal, June 03 2026