COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • May 11th, 2016
Contract Type FiledMay 11th, 2016On June 17, 2015, at the Government of the United States of America and the Government of United Arab Emirates signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the Government of the United States of America and the Government of United Arab Emirates to Improve International Tax Compliance and to Implement FATCA.” The IGA requires, in particular, the exchange of certain information with respect to U.S. Reportable Accounts on an automatic basis.