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French Supreme Administrative Court Holds Exchange of Information Under FATCA Agreement Between France and U.S. Does Not Violate EU Rules

|Approved Changes|France-United States
France-United States

The French Supreme Administrative Court (Conseil d'Etat) has issued a judgment regarding the exchange of information by the French tax authority with the U.S. tax authority as per the terms of the FATCA agreement between the two countries. The exchange of information was challenged by the Association of Accidental Americans (Association des Américains Accidentels). The Association sought a suspension of exchange on the grounds that the exchange of information violated Articles 5 and 46 of th…

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