Re:International exchange of tax information [video]
by sboselli on Wednesday December 28, 2016 @12:00PM
(#13271783)
USA did not sign this agreement right?
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Re:International exchange of tax information [video]
by notimetorelax on Wednesday December 28, 2016 @12:19PM
(#13271940)
Well FATCA is US law: https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...
As for CRS, US doesn't appear in the list of signatories: http://www.oecd.org/tax/exchange-of-tax-information/MCAA-Sig...
Re:International exchange of tax information [video]
by pzh on Wednesday December 28, 2016 @12:25PM
(#13271985)
FATCA only guarantees the transfer of tax information to the US, and not the other way around. Since the US is the biggest tax haven in the world (for non-US citizens/residents), it's higly doubtful they would ever sign any agreement like that that would geopardize their tax haven status. The banking lobby would never permit (especially under someone like Trump).
Re:International exchange of tax information [video]
by Daishiman on Wednesday December 28, 2016 @04:39PM
(#13273903)
These agreements are already being signed. The US signed a tax information exchange to the benefit of Argentina this week.