Sweden signs on to FATCA
12 August 2014 Stockholm
Image: Shutterstock
The governments of Sweden and the US have signed an agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA).
The agreement, together with relevant enabling legislation, will establish a framework to assist Swedish financial institutions in reporting certain financial account information required by FATCA.
The signing took place on 8 August.
The agreement, together with relevant enabling legislation, will establish a framework to assist Swedish financial institutions in reporting certain financial account information required by FATCA.
The signing took place on 8 August.
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