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US and France Agree to Combat Offshore Tax Evasion

The United States and France have signed an intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA). Enacted in 2010, FATCA aims to curtail offshore tax evasion by facilitating the exchange of tax information. With the agreement with France, 10 FATCA IGAs have been...

Republican National Committee Urged to Reject ‘Pro-Tax Evasion’ Resolution

Global Financial Integrity (GFI) has urged the Republican National Committee (RNC) to reject a proposed resolution calling for the repeal of the Foreign Account Tax Compliance Act (FATCA), which GFI characterized as “the cornerstone of the U.S. effort to fight offshore tax evasion.” The law...