COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • February 28th, 2017
Contract Type FiledFebruary 28th, 2017On October 17, 2016, the Government of the United States of America and the Government of Grenada signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the Government of the United States of America and the Government of Grenada 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, pursuant to the provisions of Article 4 of the Agreement between the Government of the United States of America and the Government of Grenada for the Exchange of Information with Respect to Taxes, signed at Washington, DC on December 18, 1986 (“TIEA”).