|
answer text |
<p>In 2013 the UK introduced regulations to support the exchange of information, in
line with a UK-US intergovernmental agreement regarding the US Foreign Account Tax
Compliance Act (FATCA). Before introducing these regulations, the government carried
out an impact assessment in line with the usual tax policy making process.</p><p>
</p><p>As set out in the answer to Question 200664, the government continues to engage
with the US Treasury and Internal Revenue Service regarding the impact and implementation
of FATCA.</p><p> </p>
|
|