“The Luxembourg and US governments have today signed an agreement to improve international tax compliance and implement the so-called Model 1 Intergovernmental Agreement (IGA) of the US Foreign Account Tax Compliance Act (FATCA). As a result of this agreement, the Luxembourg Tax Administration has set up two working groups including different actors from the public and private sectors in order to implement the automatic exchange of information under this agreement. The first working group focuses on general issues, while the second will deal mainly with the electronic communication of information between reporting financial institutions and the Tax Administration.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Top EU official: Cyprus bank rescue new template
Canadian immigrant investor program scrapped, replacement planned
Fast food workers strike in 50 cities to demand wages of $15/hour, right to unionize
DoJ Files Action to Collect Multiple 50 Percent Civil FBAR Penalties in U.S.A. vs. Zwerner
Monaco $400 Million Penthouse Secrecy Booms
FBI admits no major cases cracked with Patriot Act snooping powers
The Awesome New Bullet Billed as a 'One-Shot Manstopper'
What does a police state look like?
New York governor seeks $30 billion in aid after Sandy
Alydian Aims to Sell Bitcoin Mining Platform in Bankruptcy
Poll: Public doubts rise on surveillance, privacy
Bank of Bird-in-Hand to open in fall
Swiss thousand-franc note is a hidden treasure
New sanctions against North Korea after threat of pre-emptive nuclear strike
Police Arrest 60-Year-Old Woman Speaking At City Council Meeting