US promises more IGAs for FATCA implementation
04 December 2013
Ralph Cunningham - ITR
The Cayman Islands and Costa Rica have become the 11th and 12th jurisdictions to sign bilateral intergovernmental agreements (IGA) with the US for the implementation of the Foreign Account Compliance Act (FATCA). And soon there could be at least 28, which are being used as the mechanism to clamp down on undeclared assets held by US citizens with foreign financial institutions (FFIs).
The article you are trying to view is locked content, available only to subscribers and current trialists.