We originally posted on Thursday, November 8, 2012, U.S. Engaging with More than 50 Jurisdictions to Curtail Offshore Tax Evasion “Global cooperation is critical to implementing FATCA in a way that is targeted and efficient,” said Treasury Assistant Secretary for Tax Policy Mark Mazur. “By working cooperatively with foreign governments and financial institutions, we are intensifying our ability to combat tax evasion while minimizing burdens on financial institutions.” BNA has a good analysis of the of the composition of current (and future?) specifics of FATCA Intergovernmental Agreement.
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