Hot off the Treasury web site. Switzerland capitulated! Canada next?
Feb 14, 1:33pm Auckland time: Updated with James Jatras posting below:
Treasury, Switzerland Sign Bilateral Agreement to Improve Tax Compliance, Combat International Tax Evasion and Implement FATCA
WASHINGTON – The U.S. Department of the Treasury announced today that it has signed a bilateral agreement with Switzerland to facilitate the implementation of the information reporting and withholding tax provisions commonly known as the Foreign Account Tax Compliance Act (FATCA). Continue reading