Crown Dependencies issue draft FATCA guidance consultation

On 31st January, 2014 the Crown Dependency Governments jointly released draft guidance notes covering the US and UK inter-governmental agreements in relation to the Foreign Account Tax Compliance Act, they are headed Taxation (International Tax Compliance) (Crown Dependency) Regulations 2014.

The guidance notes are to be treated as a work in progress. Comments on the draft received before 14 March 2014 will be fully considered, with the intention of producing a revised draft before 31 March 2014.

It is believed regulations will be issued in due course in each jurisdiction.

Please click here to view the draft guidance notes.

 

 

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