Common Contracts
1 similar Competent Authority Arrangement contracts
COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • September 11th, 2015
On August 4, 2014, the United States of America and the Czech Republic signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the United States of America and the Czech Republic 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 Czech Reportable Accounts on an automatic basis, pursuant to the provisions of Article 27 of the Convention between the United States of America and the Czech Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income done at Prague on September 16, 1993 (the “Convention”).
