On 28 August 2020, the Inland Revenue Authority of Singapore announced the entry into force of the reciprocal FATCA agreement with the United States.
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Entry into Force of Reciprocal FATCA IGA with The United States of America
28 Aug 2020
- The reciprocal Foreign Account Tax Compliance Act Model 1 Intergovernmental Agreement (reciprocal FATCA IGA) between Singapore and the United States of America, signed on 13 November 2018, will enter into force on 1 January 2021.
- The reciprocal IGA pr…