‘Frustrated’ EU politicians step up pressure on US over Fatca

According to Bloomberg’s international tax research division, BNA, frustration has mounted in Europe because the US has refused to adopt the OECD’s Common Reporting Standard (CRS).

At a hearing on 4 May by the parliament’s Panama Papers Investigative Committee, numerous parliamentarians called on the EU executive body to ensure reciprocity when it comes to Fatca.

Ludek Niedermayer, a representative from the Czech

FULL ARTICLE http://www.international-adviser.com/news/1035770/-frustrated-eu-politicians-step-pressure-us-fatca

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