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Irish Left Review
Joined up thinking for the Irish Left

offsite link Blackrock, Noel Rock Thu Feb 04, 2016 23:15 | Des Derwin

offsite link So How?s the ol? 1 Percent Getting On? Tue Jan 19, 2016 23:21 | Michael Taft

offsite link Lower Your Expectations ? the Recovery is Settling In Tue Jan 19, 2016 22:40 | Michael Taft

offsite link ?Wants? A US-style Taxation System? Tue Jan 12, 2016 15:15 | Michael Taft

offsite link How the influence of World Bank policies damaged China?s economy Mon Jan 11, 2016 18:52 | John Ross

Irish Left Review >>

Cedar Lounge
For lefties too stubborn to quit

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Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

offsite link THE WRATH OF KANE: BANKING CRISES AND POLITICAL POWER 09:32 Fri Jan 30, 2015

offsite link ALWAYS THE ARTISTS: WEEK THREE OF THE BANK INQUIRY 23:11 Thu Jan 22, 2015

offsite link FIANNA FÁIL AND THE BANK INQUIRY : SOME INITIAL OBSERVATIONS 21:04 Mon Jan 12, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

NAMA Wine Lake >>

Jubilee USA Applauds FATCA Agreements between United States and Isles of Man, Jersey and Guernsey

category international | miscellaneous | news report author Monday December 23, 2013 19:11author by Jennifer Tong, Policy & Communications Director Report this post to the editors

On December 13th, the Isles of Man, Jersey and Guernsey signed an intergovernmental agreement with the United States to improve international tax compliance and implement the Foreign Account Tax Compliance Act (FATCA), a US federal law designed to combat offshore tax evasion. The Isles signed a similar agreement with the United Kingdom in October.

On December 13th, the Isles of Man, Jersey and Guernsey signed an intergovernmental agreement with the United States to improve international tax compliance and implement the Foreign Account Tax Compliance Act (FATCA), a US federal law designed to combat offshore tax evasion. The Isles signed a similar agreement with the United Kingdom in October.

“Jubilee USA sees the signing of these agreements as critical first steps in promoting transparency,” said Eric LeCompte, Executive Director of Jubilee USA Network.

Under the agreement, financial institutions on the Isles will report information about individual accounts owned by American citizens, in compliance with FATCA. FATCA was enacted in 2010 in an attempt to recover an estimated $100 billion a year in unpaid taxes on funds held in overseas accounts.

“These agreements are building blocks to create a more transparent and accountable economy,” added LeCompte.

Jubilee USA Network is an alliance of more than 75 US organizations, 300 faith communities and 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

author by fredpublication date Tue Dec 24, 2013 05:03Report this post to the editors

Not FATCA. It should be FATCAT
to indicate who the tax cheats are!

 
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