Tags: model 2

Latest IGA Roundup

Over the past few weeks, the following countries have finalized their IGAs… Model 1: Estonia Belgium Australia Jamica Gibraltar Liechtenstein Model 2: Austria Please visit our Partner Country Status page for the text of these IGAs and the complete list of all outstanding IGAs. All pages and information contained therein are subject to this Disclaimer.

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Intergovernmental Agreement – Model 2

On November 15, 2012, the Treasury Department released the “Model 2″ draft of their intergovernmental agreement.  One of the major changes from the Model 1 agreements is the flow of information.  Under Model 2 agreements, foreign financial institutions are required to report information directly with the IRS, rather than to their home taxing authority. Highlights: […]

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