Russia Joins the FATCA Group – On the Last Day? Complete List of Countries to Date (Very Few Notable Absences)

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According to The Moscow Times, Putin Signs Last-Minute Law to Satisfy FATCA

With China and Russia as prior major holdouts, the recent news from both countries probably assures the long-term success of FATCA.

See, HUGE NEWS – China has “Reached an Agreement in Substance” for a FATCA Intergovernmental Agreement (IGA) – its Affect on USCs and LPRs Living in China and Hong Kong

There are very few notable “hold-outs” on FATCA IGAs.  The following list reflects those countries of note (from my perspective) who have not signed or “reached an agreement in substance”:

Kenya

Nigeria

Egypt

 

Pakistan

Bahrain

 

Philippines

Malaysia

 

Guatemala

Uruguay

El Salvador

Nicaragua

Ecuador

Argentina

Venezuela

 

Lots of other countries with less commercial and financial ties to the U.S., did not  – including – countries such as Kazakhstan, Uzbekistan and Cambodia.

There are currently 90 countries identified by the U.S. Treasury as having an IGA or “reaching an agreement in substance” as follows (note there are fewer signed IGAs than unsigned):

Countries that have signed agreements:

Model 1 IGA

1)          Australia (4-28-2014)

2)          Belgium (4-23-2014)

3)          Canada (2-5-2014)

4)          Cayman Islands (11-29-2013)

5)          Costa Rica (11-26-2013)

6)          Denmark (11-19-2012)

7)          Estonia (4-11-2014)

8)          Finland (3-5-2014)

9)          France (11-14-2013)

10)       Germany (5-31-2013)

11)       Gibraltar (5-8-2014)

12)       Guernsey (12-13-2013)

13)       Hungary (2-4-2014)

14)       Honduras (3-31-2014)

15)       Ireland (1-23-2013)

16)       Isle of Man (12-13-2013)

17)       Italy (1-10-2014)

18)       Jamaica (5-1-2014)

19)       Jersey (12-13-2013)

20)       Latvia (6-27-2014)

21)       Liechtenstein (5-19-2014)

22)       Luxembourg (3-28-2014)

23)       Malta (12-16-2013)

24)       Mauritius (12-27-2013)

25)       Mexico (4-9-2014)

26)       Netherlands (12-18-2013)

27)       New Zealand (6-12-2014)

28)       Norway (4-15-2013)

29)       South Africa (6-9-2014)

30)       Spain (5-14-2013)

31)       Slovenia (6-2-2014)

32)       United Kingdom (9-12-2012)

 

Model 2 IGA (signed agreements)

 

33)       Austria (4-29-2014)

34)       Bermuda (12-19-2013)

35)       Chile (3-5-2014)

36)       Japan (6-11-2013)

37)       Switzerland (2-14-2013)

 

And those countries which are deemed to have “reached agreement in substance” –

Model 1 IGA

 

38)       Algeria (6-30-2014)

39)       Antigua and Barbuda (6-3-2014)

40)       Azerbaijan (5-16-2014)

41)       Bahamas (4-17-2014)

42)       Barbados (5-27-2014)

43)       Belarus (6-6-2014)

44)       Brazil (4-2-2014)

45)       British Virgin Islands (4-2-2014)

46)       Bulgaria (4-23-2014)

47)       China (6-26-2014)

48)       Colombia (4-23-2014)

49)       Croatia (4-2-2014)

50)       Curaçao (4-30-2014)

51)       Czech Republic (4-2-2014)

52)       Cyprus (4-22-2014)

53)       Dominica (6-19-2014)

54)       Dominican Republic (6-30-2014)

55)       Georgia (6-12-201)

56)       Greenland (6-29-2014)

57)       Grenada (6-16-2014)

58)       Guyana (6-24-2014)

59)       India (4-11-2014)

60)       Indonesia (5-4-2014)

61)       Israel (4-28-2014)

62)       Kosovo (4-2-2014)

63)       Kuwait (5-1-2014)

64)       Lithuania (4-2-2014)

65)       Panama (5-1-2014)

66)       Peru (5-1-2014)

67)       Poland (4-2-2014)

68)       Portugal (4-2-2014)

69)       Qatar (4-2-2014)

70)       Romania (4-2-2014)

71)       St. Kitts and Nevis (6-4-2014)

72)       St. Lucia (6-12-2014)

73)       St. Vincent and the Grenadines (6-2-2014)

74)       Saudi Arabia (6-24-2014)

75)       Seychelles (5-28-2014)

76)       Singapore (5-5-2014)

77)       Slovak Republic (4-11-2014)

78)       South Korea (4-2-2014)

79)       Sweden (4-24-2014)

80)       Thailand (6-24-2014)

81)       Turkey (6-3-2014)

82)       Turkmenistan (6-3-2014)

83)       Turks and Caicos Islands (5-12-2014)

84)       Ukraine (6-26-2014)

85)       United Arab Emirates (5-21-2014)

 

Model 2 IGA

 

86)       Armenia (5-8-2014)

87)       Hong Kong (5-9-2014)

88)       Moldova (6-30-2014)

89)       Paraguay (6-6-2014)

90)       Taiwan (6-23-2014)*

 

 

 

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