COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • April 4th, 2016
Contract Type FiledApril 4th, 2016On November 19, 2015, the Government of the United States of America and the Government of Saint Lucia signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the Government of the United States of America and the Government of Saint Lucia to Improve International Tax Compliance and to Implement FATCA.” The IGA requires, in particular, the exchange of certain information with respect to U.S. and Saint Lucia 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 Government of Saint Lucia for the Exchange of Information with Respect to Taxes, done at Washington on January 30, 1987 (the “TIEA”).