FATCA - Belarus approves draft agreement, authorizes further negotiations 

May 8: A decree approving a draft intergovernmental agreement (IGA) for implementing the FATCA* provisions of U.S. law was signed on May 6 by the president of Belarus.

According to a press release, the decree approves a draft IGA and also provides a basis for further talks between Belarus and the United States. The Ministry of Taxes and Duties has been authorized to conduct negotiations with representatives of the U.S. government pursuant to the draft agreement.


*FATCA = Foreign Account Tax Compliance Act




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