#gatca

[oyasumieri]

୨୧┈┈┈┈┈┈┈┈୨୧♡୨୧┈┈┈┈┈┈┈┈୨୧

[qmediaworld]

GATCA To Come After FACTA

GATCA To Come After FACTA

(qCOSTARICA) As the region gets ready to start complying with the US law, theForeign Account Tax Compliance Act – FATCA, OECD countries are already working on a Single Global Standard for automatic exchange of information.

FATCAcould now be joined by the European OECD countries Single Global Standard for Automatic Clearing of CRS Information (GATCA), “… allowing tax information on their residents…

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[professorwilliambyrnes]

FATCA Chapter 1 complementary download

FATCA Chapter 1 complementary download

free chapter downlaod here —> http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2457671

Abstract: 

The second edition of the “LexisNexis® Guide to FATCA Compliance,” discussing the Foreign Account Tax Compliance Act of 2010 (FATCA), has been vastly improved based on over thirty in-house workshops and interviews with tier 1 banks, company and trust service providers, government revenue…

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[professorwilliambyrnes]

66th country signs OECD Convention on Tax Information Exchange

66th country signs OECD Convention on Tax Information Exchange

The OECD announced yesterday that Gabon became the 66th country to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Gabon is the seventh African country to sign the Convention since it was opened for signature to all countries in June 2011.  (previous article on tax information exchange)

“Already a member of the Global Forum on Transparency and Exchange of…

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[professorwilliambyrnes]

47 Countries Endorse OECD's GATCA / CRS

47 Countries Endorse OECD’s GATCA / CRS

47 countries and major financial centers on May 6, 2014 committed to automatic exchange of information between their jurisdictions, announced the OECD.  All 34 OECD member countries, as well as Argentina, Brazil, China, Colombia, Costa Rica, India, Indonesia, Latvia, Lithuania, Malaysia, Saudi Arabia, Singapore and South Africa  endorsed the Declaration on Automatic Exchange of Information in Tax…

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[professorwilliambyrnes]

EU to Adopt New Expanded Savings Directive

EU to Adopt New Expanded Savings Directive

EU Council Announces March 2014 Adoption of Expanded EU Savings Directive

On Saturday, March 22, 2014 the EU Council’s General Secretariat announcedthat it will adopt major amendments to the EU Directive on taxation of savings income at its next March 2014 meeting.  The amendments will address the current loopholes, such as application to trusts, to foundations, and to investment income that is…

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