Clarity behind US move to add 22 jurisdictions to FATCA list

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Clarity behind US move to add 22 jurisdictions to FATCA list

It is not a global information reporting network yet, but the US Treasury and Internal Revenue Service’s announcement this week that increases the number of intergovernmental agreements for the Foreign Account Tax Compliance Act (FATCA) from 26 to 48 in one go brings that idea much closer.

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