“The Russian government may place ‘limitations’ on the amount of information that Russian banks can render to U.S. tax authorities under FATCA, a U.S. federal law intended to crack down on tax avoidance by U.S. citizens, Deputy Finance Minister Alexei Moiseyev said Thursday. Moiseyev told journalists in St. Petersburg that Russia will not become ‘tax agents for the Americans, that will not happen under any circumstances,’ Interfax reported. The U.S. in April quit negotiations with Russia over FATCA as part of a freeze on political cooperation following Russia’s annexation of Crimea in March, leaving the Russian government scrambling to adapt its laws to the legislation by July 1.”
Related posts:
Woman bypasses airport security on her third try in the same day
China's planned crude oil futures may be priced in yuan
Georgia rebuilds Stalin monuments
California introduces $500 fines for wasting water
China, Switzerland sign free trade agreement
DEF CON hacker conference tells Feds not to attend
Highway Bill Compromise Funded By Expropriating Big U.S. Banks
EU leaders toast launch of European army
Duma Considers Anti-Terrorism Bill for Online Payments
Bangalore to host India's first Bitcoin conference
Russia to block US agricultural imports
Loophole lets Colorado lawmakers avoid photo radar fines
Keurig Founder Loses $144M In Minutes As Shares Crash
Military’s ‘war on drugs’ back as U.S. Navy looks to net big catches in the Pacific
Senate Democrats to Obama: 'It Would Be Great To Have A Woman' As Fed Chief