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Foreign Account Tax Compliance Act (FATCA) News




Singapore Issues More Automatic Tax Info Exchange Guidance

by Mary Swire, Tax-News.com, Hong Kong

Saturday, February 17, 2018

Singapore's tax agency has made two announcements recently concerning the automatic exchange of information on foreign taxpayers' affairs, on the Common Reporting Standard and the US Foreign Account Tax Compliance Act. Read Full Story

 


Singapore To Automatically Exchange Tax Info With 61 States

by Mary Swire, Tax-News.com, Hong Kong

Monday, January 15, 2018

Singapore has announced that it has activated automatic exchange of information relationships with a total of 61 territories, as part of global efforts to tackle tax evasion and fiscal crime. Read Full Story

 


Panama Signs OECD's Multilateral Tax Cooperation Pact

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 15, 2018

On January 15, 2018, Panama signed the Common Reporting Standard Multilateral Competent Agreement, becoming the 98th jurisdiction to join the pact. Read Full Story

 


US Taxpayer Group Calls For Regular Tax Code Reviews

by Mike Godfrey, Tax-News.com, Washington

Monday, December 18, 2017

The National Taxpayers Union has said that the US Government should mandate a regular review of the tax code. Read Full Story

 


Bermuda, US Agree To Exchange CbC Reports

by Mike Godfrey, Tax-News.com, Washington

Wednesday, December 13, 2017

Bermuda and the US recently signed an agreement providing for the automatic exchange of country-by-country reports. Read Full Story

 


Switzerland Consults On New AEOI Agreements

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 16, 2017

The Swiss Federal Council has opened consultations on the implementation of new automatic tax information exchange agreements with Hong Kong and Singapore. Read Full Story

 


French Tax Amnesty Deadline Looms

by Ulrika Lomas, Tax-News.com, Brussels

Monday, September 25, 2017

The French Government has warned taxpayers that they have until the end of this year to disclose undeclared assets under its tax amnesty scheme, which as been running for more than four years. Read Full Story

 


Hong Kong To Automatically Exchange Tax Info With 75 States

by Mary Swire, Tax-News.com, Hong Kong

Thursday, June 22, 2017

Hong Kong has gazetted legislation to establish provisions to automatically exchange financial account information with other territories to support international tax collection efforts. Read Full Story

 


Swiss Federal Council Adopts Dispatch On AEOI

by Ulrika Lomas, Tax-news.com, Brussels

Tuesday, June 20, 2017

The Swiss Federal Council has adopted a dispatch on the automatic exchange of financial account information with 41 jurisdictions. Read Full Story

 


UK Legislates For Broader Automatic Tax Information Exchange

by Jason Gorringe, Tax-News.com, London

Thursday, May 4, 2017

HM Revenue and Customs has updated the International Tax Compliance Regulations to include provisions on new automatic tax information exchange agreements and to clarify how non-compliance penalties will apply. Read Full Story

 

 

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