Oxford DMCC News - UK Son of FATCA Regulations in Force

May 15, 2014 9:02 pm

The UK Government has undertaken the online publishing of the final, adopted version of The International Tax Compliance (Crown Dependencies and Gibraltar ) Regulations 2014, which came into force on 31st March 2014, to enforce the expanded tax information exchange agreements signed between UK and Jersey, Guernsey, the Isle of Man, and Gibraltar for purposes of implementing a regime similar to that under United State’s FATCA ( Foreign Account Tax Compliance Act).

The conclusion of the pacts, commonly referred to as “son of FATCA” agreements was finalized between October and November 2013 for purposes of providing for a reciprocal Read More