US signs Fatca IGA with Mexico

The US Internal Revenue Service has announced the signing of an Intergovernmental Agreement with Mexico for the implementation of Fatca.

The US government announced in early November that it was in negotiations with 50 jurisdictions to sign IGAs -without which Fatca will fail as it ensures US authorities can obtain access to relevant assets and data on clients of financial institutions based in other jurisdictions.

Click here to read the full agreement between the US and Mexico: Fatca Agreement Mexico

 

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