Fatca gathers speed with second bilateral deal

US efforts to curb tax evasion have been bolstered by an agreement with Denmark, the second deal of its kind

Thursday 22 November 2012 at 17:25

US efforts to curb tax evasion have been bolstered by an agreement with Denmark to implement the Foreign Account Tax Compliance Act, the second deal of its kind to allow countries to exchange information on offshore client accounts.

The deal follows a similar agreement with the UK last month.