After FATCA pact signing, increased focus on possible tax evaders

Taipei, Dec. 27 (CNA) Taiwan and the United States signed an agreement on the Foreign Account Tax Compliance Act (FATCA) on Dec. 22 that will make it easier to go after “non-cooperative” clients, the Financial Supervisory Commission (FSC) announced Tuesday.

Under the inter-governmental agreement, which still has to be approved by the Legislature, the U.S. can in the future ask Taiwan

FULL ARTICLE http://focustaiwan.tw/news/aipl/201612270023.aspx

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