Common Contracts
1 similar Competent Authority Arrangement contracts
COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • April 25th, 2016
On December 12, 2014, the Government of the United States of America and the Government of the Republic of Cyprus signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the Government of the United States of America and the Government of the Republic of Cyprus 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 Cyprus Reportable Accounts on an automatic basis, pursuant to the provisions of Article 28 of the Convention between the Government of the United States of America and the Government of the Republic of Cyprus for the Avoidance Of Double Taxation and the Prevention Of Fiscal Evasion with respect to taxes on income, done at Nicosia on March 19, 1984 (the “Convention”).
