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IRS updates FATCA guidance

Dentons
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USA
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October 26 2012

On October 24, 2012, the US Internal Revenue Service ("IRS") issued Announcement 2012-42 along with a table that summarizes certain Foreign Account Tax Compliance Act ("FATCA") due diligence deadlines

Commission says FTT to go ahead

Dentons
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European Union
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October 12 2012

The Commission has announced it has received commitments from 11 Member States (not including the UK) to support a common financial transaction tax (FTT) for their jurisdictions

The Oman update - Official Gazette 982

Dentons
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Oman
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September 1 2012

Ratifies an Annex to the Agreement on the Avoidance of Double Taxation between the Government of the Sultanate of Oman and the Government of the Republic of France

BBA comments on FATCA agreement

Dentons
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United Kingdom, USA
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August 31 2012

BBA has outlined several areas in which it feels Foreign Account Tax Compliance Act (FATCA) final regulations should be consistent with the model intergovernmental agreement

UK signs up to FATCA agreement

Dentons
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United Kingdom, USA
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August 3 2012

Treasury has announced that the UK has subscribed to the “Model Intergovernmental Agreement to Improve Tax Compliance and Implement the US Foreign Account Tax Compliance Act (FATCA)”