U.S. Signs Agreements with Cayman Islands and Costa Rica to Implement FATCA

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Explore:  FATCA IGAs

On November 29, the United States signed intergovernmental agreements with the Cayman Islands and Costa Rica to implement the Foreign Account Tax Compliance Act (FATCA). The Cayman Islands will be required to report tax information about U.S. account holders directly to the Cayman Islands Tax Information Authority, which will in turn relay that information to the IRS. Press Release. Costa Rica IGA. Cayman Islands IGA.

Topics:  FATCA, IGAs

Published In: Finance & Banking Updates, International Trade Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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