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Europe Daily Bulletin No. 10354

8 April 2011
Contents Publication in full By article 32 / 34
GENERAL NEWS / (eu) eu/taxation
Improving EU-US cooperation on FATCA

Brussels, 07/04/2011 (Agence Europe) - In a letter sent on Wednesday 6 April to the US tax authorities this morning, the Hungarian Presidency of the Council of the European Union and the European Commission invited the US authorities to engage in a dialogue on how to best achieve the objectives of the US Foreign Account Tax Compliance Act (FATCA), while seeking to avoid the costs of compliance and penalties that EU financial institutions, including banks, investment funds and insurance...

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GENERAL NEWS