The United States has signed Competent Authority Arrangements (CAA) with two jurisdictions this week, which it has entered into intergovernmental agreements (IGAs). The CAAs were signed with Australia and the United Kingdom. These Agreement between the U.S. CAAs with Australia and the United Kingdom are the first such arrangements to be signed which marks a significant milestone for the gathering of information on its US citizens’, Green Card Holders’ and U.S. Residents’ financial activities around the world. The U.S. Competent Authority expects that numerous other CAAs with additional competent authorities will be signed in the near future as the U.S. continues its efforts to seek and locate US offshore tax evasion.
By Michael B. Nelson, Esq.
Jurisdictions that have signed agreements (beginning on the date indicated in parenthesis):
• Australia (4-28-2014)
• Bahamas (11-3-2014)
• Barbados (11-17-2014)
• Belarus (3-18-2015)
• Belgium (4-23-2014)
• Brazil (9-23-2014)
• British Virgin Islands (6-30-2014)
• Bulgaria (12-5-2014)
• Canada (2-5-2014)
• Cayman Islands (11-29-2013)
• Colombia (5-20-2015)
• Costa Rica (11-26-2013)
• Croatia (3-20-2015)
• Curaçao (12-16-2014)
• Cyprus (12-2-2014)
• Czech Republic (8-4-2014)
• Denmark (11-19-2012)
• Estonia (4-11-2014)
• Finland (3-5-2014)
• France (11-14-2013)
• Georgia (7-10-2015)
• Germany (5-31-2013)
• Gibraltar (5-8-2014)
• Guernsey (12-13-2013)
• Holy See (6-10-2015)
• Honduras (3-31-2014)
• Hungary (2-4-2014)
• Iceland (5-26-2015)
• India (7-9-2015)
• Ireland (1-23-2013)
• Isle of Man (12-13-2013)
• Israel (6-30-2014)
• Italy (1-10-2014)
• Jamaica (5-1-2014)
• Jersey (12-13-2013)
• Kosovo (2-26-2015)
• Kuwait (4-29-2015)
• Latvia (6-27-2014)
• Liechtenstein (5-19-2014)
• Lithuania (8-26-2014)
• Luxembourg (3-28-2014)
• Malta (12-16-2013)
• Mauritius (12-27-2013)
• Mexico (4-9-2014)
• Montserrat (9-8-2015)
• Netherlands (12-18-2013)
• New Zealand (6-12-2014)
• Norway (4-15-2013)
• Philippines (7-13-2015)
• Poland (10-7-2014)
• Portugal (8-6-2015)
• Qatar (1-7-2015)
• Romania (5-28-2015)
• St. Kitts and Nevis (8-31-2015)
• St. Vincent and the Grenadines (8-18-2015)
• Singapore (12-9-2014)
• Slovak Republic (7-31-2015)
• Slovenia (6-2-2014)
• Spain (5-14-2013)
• South Africa (6-9-2014)
• South Korea (6-10-2015)
• Sweden (8-8-2014)
• Turkey (7-29-2015)
• Turks and Caicos Islands (12-1-2014)
• United Arab Emirates (6-17-2015)
• United Kingdom (9-12-2012)
• Uzbekistan (4-3-2015)
• Austria (4-29-2014)
• Bermuda (12-19-2013)
• Chile (3-5-2014)
• Hong Kong (11-13-2014)
• Japan (6-11-2013)
• Moldova (11-26-2014)
• Switzerland (2-14-2013)
Jurisdictions that have reached agreements in substance as of June 30, 2014 and have consented to being included on this list (beginning on the date indicated in parenthesis):
• Algeria (6-30-2014)
• Anguilla (6-30-2014)
• Antigua and Barbuda (6-3-2014)
• Azerbaijan (5-16-2014)
• Bahrain (6-30-2014)
• Cabo Verde (6-30-2014)
• China (6-26-2014)
• Dominica (6-19-2014)
• Dominican Republic (6-30-2014)
• Greenland (6-29-2014)
• Grenada (6-16-2014)
• Guyana (6-24-2014)
• Haiti (6-30-2014)
• Indonesia (5-4-2014)
• Malaysia (6-30-2014)
• Montenegro (6-30-2014)
• Panama (5-1-2014)
• Peru (5-1-2014)
• St. Lucia (6-12-2014)
• Saudi Arabia (6-24-2014)
• Serbia (6-30-2014)
• Seychelles (5-28-2014)
• Thailand (6-24-2014)
• Turkmenistan (6-3-2014)
• Ukraine (6-26-2014)
• Armenia (5-8-2014)
• Iraq (6-30-2014)
• Nicaragua (6-30-2014)
• Paraguay (6-6-2014)
• San Marino (6-30-2014)
• Taiwan (6-23-2014)*
Jurisdictions that have reached agreements in substance as of November 30, 2014 and have consented to being included on this list (beginning on the date indicated in parenthesis):
• Angola (11-30-2014)
• Cambodia (11-30-2014)
• Greece (11-30-2014)
• Kazakhstan (11-30-2014)
• Trinidad and Tobago (11-30-2014)
• Tunisia (11-30-2014)
• Macao (11-30-2014)