Brussels, 22/06/2011 (Agence Europe) - In Brussels this Thursday 23 June, discussions will open between the European Union and the American tax authorities on the application of the American law on fiscal obligations for overseas accounts (FATCA), certain elements of which the Commission wishes to make more flexible due to their impact on the financial sector of the EU.
This new law, which is due to enter into force in 2013, pursues similar objectives to those of the EU directive on tax on...