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(English) Don’t expect U.S. FATCA reciprocation any time soon

Posted on October 22, 2014 by Brian Garst

This article appeared in Thomson Reuters Accelus on October 13, 2014.

A key component in the implementation of the United States’ massive financial dragnet, the Foreign Account Tax Compliance Act (FATCA), was the promise of reciprocal information sharing with overseas governments. Without the promise to essentially spy […]

Ley de retorsión para Colombia

By Erick Simpson Aguilera

October 15th, 2014

According to Juan Manuel Santos, President of Colombia, to declare Panama a tax haven “is not a decision against Panama, but a measure to prosecute tax evaders.“

According to President Santos, we as Panamanians should interpret as positive and favorable the negative effects of the measure, […]