FATCA exceptions agreed by Swiss and US authorities

FATCA exceptions agreed by Swiss and US authorities

The competent authorities of Switzerland and the US signed agreements on 19 February 2016 in Bern and on 29 February 2016 in Washington, which included an exception clause for accounts held by lawyers or notaries.

The negotiated exception clause has the advantage that clients no longer have to be identified, ensuring

FULL ARTICLE http://www.international-adviser.com/news/1027873/fatca-exceptions-agreed-swiss-us-authorities

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