Some of the jurisdictions that have provoked the most anger because of their perceived hostility to the exchange of tax information have become the latest supporters of the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
The US have published new versions of the intergovernmental agreements (IGA) that have become the main instruments for the implementation of the Foreign Account Tax Compliance Act (FATCA).
Rosneft, the Russian energy company, was named as European in-house team of the year for direct tax at International Tax Review’s European Tax Awards last night.
Draft legislation to repeal the Foreign Account Tax Compliance Act (FATCA) is unlikely to spare foreign financial institutions from the task of complying with the law aimed at minimising tax evasion by US taxpayers.
An important deadline is imminent for foreign financial institutions (FFIs) that want to ensure they become compliant as early as possible with the Foreign Account Tax Compliance Act (FATCA) in the US.
