The US has published the final template for inter-governmental agreements (IGA) with foreign jurisdictions to implement the Foreign Account Tax Compliance Act (FATCA).
Tax directors will be called on to advise their business colleagues on some tricky structuring questions if a member of the eurozone is forced out of the currency union.
The Internal Revenue Service (IRS) in the US has transformed its relationship with corporate taxpayers, had significant successes in the fight against international tax evasion and learned to use technology smarter.
The US Department of the Treasury has confirmed that it is discussing how to implement the Foreign Account Tax Compliance Act (FATCA) with more than 50 jurisdictions around the world.
