Common Contracts
1 similar Competent Authority Arrangement contracts
COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • November 3rd, 2015
On May 31, 2013, the United States of America and the Federal Republic of Germany signed an intergovernmental agreement (“IGA”) entitled, “Agreement Between the United States of America and the Federal Republic of Germany to Improve International Tax Compliance and with respect to the United States Information and Reporting Provisions Commonly Known as the Foreign Account Tax Compliance Act”. The IGA requires, in particular, the exchange of certain information with respect to U.S. and German Reportable Accounts on an automatic basis, pursuant to the provisions of Article 26 of the Convention between the United States of America and the Federal Republic of Germany for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and Capital and to Certain Other Taxes, signed at Bonn on August 29, 1989, as amended by the Protocol signed at Berlin on June 1, 2006 (the “Convention”).
