Today, the United States and Italy signed an intergovernmental agreement to implement the Foreign Account Tax Compliance Act (FATCA). 

Treasury Deputy Assistant Secretary for International Tax Affairs Robert B. Stack said, “Today's announcement is another important step forward in the fight against international tax evasion, and underscores FATCA's growing momentum and international support.”  Stack added, “We welcome Italy's commitment to strengthening its cooperation with the United States in improving tax compliance.”