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FATCA; Bilateral Agreement between the US and Canada to Implement FATCA

Posted by: Zaher Fallahi
Posted On: Feb 05, 2014

February 5, 2014, today the US and Canada signed an Intergovernmental Agreement (IGA) to implement the US foreign Account Tax Compliance Act (also known as FATCA), which is scheduled to go into effect on July 1, 2014.

http://www.treasury.gov/resource-center/tax-policy/treaties/Documents/FATCA-Agreement-Canada-2-5-2014.pdf

For assistance with your tax matters, including undisclosed foreign bank accounts, the IRS representation and other international taxes, you may contact Zaher Fallahi, Tax Attorney, CPA, at (310) 719-1040 (Los Angeles) or (714) 546-4272 (Orange County), or e-mail to [email protected]