Cayman Islands takes step towards automatic information exchange with US

http://www.cnsbusiness.com/content/ci-makes-aeoi-deal-us

 

“The Cayman Islands Government has concluded its negotiations with the United States on a Model 1 intergovernmental agreement (IGA) and a new tax information exchange agreement (TIEA), officials revealed Tuesday. This paves the way for automatic exchange of information (AEOI) under the US Foreign Account Tax Compliance Act (FATCA).”

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