Guyana and Dominican Republic sign Model 1 FATCA IGAa with US

The US Treasury Department has updated its FATCA website, reporting that Guyana and the Dominican Republic have signed Model 1 intergovernmental agreements (IGAa) with the United States.

The Treasury Department states that both agreements will be treated as if they are in effect as of June 30, 2014.

See:

• Agreement between the Government of the United States of America and the Government of the Co-operative Republic of Guyana to Improve International Tax Compliance and to Implement FATCA

•  Government of the Dominican Republic to Improve International Tax Compliance and to Implement FATCA