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12 August 2014
Stockholm
Reporter Catherine Van de Stouwe

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Sweden signs on to FATCA

The governments of Sweden and the US have signed an agreement to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA).

The agreement, together with relevant enabling legislation, will establish a framework to assist Swedish financial institutions in reporting certain financial account information required by FATCA.

The signing took place on 8 August.

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