Dutch Guidance Notes On Intergovernmental Implementation Of FATCA

Jan 30, 2015 | Legal, Tax

In January, the Dutch Minister of Finance published guidance notes in relation with the intergovernmental agreement (“IGA”) concluded between the Netherlands and the United States.

The IGA facilitates the intergovernmental implementation of FATCA, aimed to combat tax evasion by U.S. persons holding assets through offshore entities and accounts.

The guidance notes provide for technical clarification of certain aspects of the concluded IGA.