Common Contracts
1 similar Competent Authority Arrangement contracts
COMPETENT AUTHORITY ARRANGEMENTCompetent Authority Arrangement • October 30th, 2015
On May 28, 2015, the United States of America and Romania signed an intergovernmental agreement (“IGA”) entitled, “Agreement between the United States of America and Romania 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 Romanian Reportable Accounts on an automatic basis, pursuant to the provisions of Article 24 of the Convention between the Government of the United States of America and the Government of the Socialist Republic of Romania with Respect to Taxes on Income, done at Washington on December 4, 1973, at Washington (the “Convention”).
