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FATCA Press Releases

Intergovernmental Agreements to Improve International Tax Compliance - Revised Guidance Notes Issued July 2014

28 July 2014

The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve International Tax Compliance signed in 2013 with the UK and the United States of America (US).

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Isle of Man first to sign agreement with UK on automatic sharing of tax information

11 October 2013

The Isle of Man has become the first British dependency to sign an agreement with the United Kingdom extending the automatic disclosure of tax information.

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Chief Minister welcomes Guernsey announcement on UK FATCA

15 March 2013

Chief Minister Allan Bell MHK has welcomed today’s announcement by the government of Guernsey that it intends to follow the Isle of Man in agreeing FATCA-style automatic exchange of tax information with the United Kingdom.

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Isle of Man continues discussions over FATCA implications

30 November 2012

Discussions are continuing over the wider implications of the US FATCA legislation requiring automatic exchange of tax information.

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Foreign Account Tax Compliance Act (FATCA)

09 October 2012

The Governments of Guernsey, the Isle of Man and Jersey are today (9 October 2012) simultaneously announcing their intention to negotiate partnership agreements with the United States of America to implement FATCA.

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Foreign Account Tax Compliance Act Update

10 August 2012

On 26 July the United States Treasury Department published a model intergovernmental agreement (IGA) designed to improve tax compliance and implement the Foreign Account Tax Compliance Act (FATCA).

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Foreign Account Tax Compliance Act (FATCA)

24 February 2012

On 8 February 2012, the United States Treasury Department and Internal Revenue Service jointly issued proposed regulations for the next phase of implementing the Foreign Account Tax Compliance Act (FATCA).

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