Statutory guidance

UK - US Automatic Exchange of Information Agreement (FATCA)

Intergovernmental agreement (IGA) approach to The Foreign Account Tax Compliance Act (FATCA) aiming to improve tax evasion between the UK and US.


A model intergovernmental agreement (IGA) was developed and published in July 2012. The UK and the US signed an IGA to improve international tax compliance and to implement FATCA in September 2012.