Tags » Foreign Account Tax Compliance Act

South Africa-US FATCA Agreement Enters Into Force

The South Africa-United States FATCA Model 1A Agreement (2014) entered into force on 28 October 2014. The agreement was signed on 9 June 2014.

Under the agreement, the US Government collects information regarding certain accounts maintained by U.S. 68 more words

Tax

Foreign Account Tax Compliance Act (FATCA)

What is the FATCA?

Are you an American individual or business entity that had multiple financial dealings in different parts of the world? Confused about how to report your financial accounts if you had financial accounts outside the US? 302 more words

Czech Republic-US FAQs on application of FATCA agreement publishes

The General Tax Directorate of Czech Republic has released frequently asked questions (FAQs) about the implementation and application of the US Foreign Account Tax Compliance Act (FATCA) agreement between the Czech Republic and the United States on its website, which entered into force on 1st January 2015. 79 more words

EU

US: IRS Launches International Data Exchange Service For FATCA

The US IRS on January 12 2015 announced that its international data exchange service (IDES) website is open for enrollment. Financial institutions and host country tax authorities will use IDES to securely send their information reports on financial accounts held by U.S. 153 more words

Tax

US Launches Automated Tax System to Help Detect Hidden Bank Accounts

  • “The opening of the International Data Exchange Service is a milestone in the implementation of FATCA ,” IRS Commissioner John Koskinen said in a statement Monday.
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USA

US-Qatar Sign FATCA Agreement

The United States and Qatar signed an Intergovernmental Agreement (IGA), on January 7, 2015, for implementation of the Foreign Account Tax Compliance Act (FATCA).

The agreement is based on the Non-reciprocal Model 1B Agreement (No TIEA or DTC). 98 more words

Tax

Czech Republic-US FATCA agreement enters into force

The Foreign Account Tax Compliance Act (FATCA) Model 1A agreement (2014) between Czech Republic and United States has entered into force on 18th December 2014… 9 more words

EU