3 ms·

USA did not sign this agreement right?

• notimetorelax 10y ago
  Well FATCA is US law: https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance... As for CRS, US doesn't appear in the list of signatories: http://www.oecd.org/tax/exchange-of-tax-information/MCAA-Signatories.pdf http://www.oecd.org/tax/exchange-of-tax-information/MCAA-Sig...
  • pzh 10y ago
    FATCA only guarantees the transfer of tax information to the US, and not the other way around. Since the US is the biggest tax haven in the world (for non-US citizens/residents), it's higly doubtful they would ever sign any agreement like that that would geopardize their tax haven status. The banking lobby would never permit (especially under someone like Trump).
    • Daishiman 10y ago
      These agreements are already being signed. The US signed a tax information exchange to the benefit of Argentina this week.
      • sboselli 10y ago
        Do you hace a link/source on this? Was it on the papers? I did not catch it.
      • ommunist 10y ago
        The UK, Ireland, Swiss? Any progress?