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Cedar Lounge
For lefties too stubborn to quit

offsite link An appeal to (right-wing) authority? 11:15 Fri Oct 31, 2014 | WorldbyStorm

offsite link The National Museum and while we?re at it remember those ?solutions? to the crash? 09:55 Fri Oct 31, 2014 | WorldbyStorm

offsite link This Week At Irish Election Literature 05:04 Fri Oct 31, 2014 | irishelectionliterature

offsite link More unintended consequence after the referendum on Scotland and independence 22:35 Thu Oct 30, 2014 | WorldbyStorm

offsite link Increasing pay and productivity? 11:43 Thu Oct 30, 2014 | WorldbyStorm

Cedar Lounge >>

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

offsite link EXISTENTIALIST STOCK BUSINESS PHOTOS 12:03 Wed Oct 29, 2014

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offsite link Irish Labour movement 1889-1924: Lecture Five - 1913 Lockout 09:47 Fri Oct 17, 2014

offsite link Global Finance, Money and Power: Lecture Six - Tax Havens 07:09 Thu Oct 16, 2014

Dublin Opinion >>

Irish Left Review
Joined up thinking for the Irish Left

offsite link Irish Air: Message from the CEO Fri Oct 31, 2014 15:19 | Kevin Higgins

offsite link Unrealistic Timelines: Water Charges and the Fiscal Deficit Tue Oct 28, 2014 15:14 | Michael Taft

offsite link That Day has Come Thu Oct 23, 2014 10:45 | Anne Irwin

offsite link The Changing Pattern of Foreign Investment in China Wed Oct 22, 2014 13:36 | John Ross

offsite link Welcome to the New Tax Avoidance Scheme, Same as the Old Tax Avoidance Scheme Mon Oct 20, 2014 16:26 | Michael Taft

Irish Left Review >>

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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