Tags: partner country status

Six More IGAs to Finish Out Year

The Treasury Department has been busy wrapping up some additional Intergovernmental Agreements before year-end.  The following IGAs have been finalized: Jersey Isle of Man Guernsey Netherlands (excludes Aruba, Curacao, and Sint Maarten) Malta Bermuda These 6 represent a 50% increase in the total IGAs finalized and brings the total to 18.  A number of EU […]

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Another IGA Nears: Bahamas

After consulting and discussion the roadmap on how to implement FATCA since September 2012, the Bahamas announced that the government has agreed to enter into a Model 1 IGA with the United States.  Minister of Financial Services, Hon. Ryan Pinder, stated that a Model 1 agreement will provide the greatest control for the Bahamas government and […]

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Cayman and US Conclude FATCA Negotiations

As we get closer to year-end, more and more countries are starting to get into the final stages of establishing Intergovernmental Agreements (IGAs).  On Tuesday, the Cayman Islands announced that negotiations have concluded with the United States and have yielded a Model 1 IGA and a new Tax Information Exchange Agreement (TIEA).  This should result in the automatic exchange of information under FATCA. Due […]

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Denmark Enters Into Intergovernmental Agreement

The Treasury Department and Denmark have officially entered into an intergovernmental agreement.  This makes Denmark the second government to officially do so, after the United Kingdom. Text of the agreements can be found here: http://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Denmark.pdf. Our summary of the current state of IGAs has been updated accordingly. See our summary here. All posts and information contained […]

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Intergovernmental Agreement – Partner Country Status

Update:  This page was briefly updated as new information was announced.  Due to the importance of IGAs, this information has been moved to a permanent page.  Please refer to this page for current information. On November 8, 2012, the Treasury Department announced that it has engaged more than 50 jurisdictions to “curtail offshore tax evasion” (i.e. cooperate […]

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