Tax Laws Amendment (Implementation of the FATCA Agreement) Bill 2014 – passed the House of Representatives on 5 June 2014. It supports implementation of the US FATCA Agreement.

[LTN 107, 5/6/14]

Passed the Senate and awaits Royal Assent

Tax Laws Amendment (Implementation of the FATCA Agreement) Bill 2014 – has passed all stages without amendment, having been passed the Senate on 19 June 2014. It supports implementation of the US FATCA Agreement.

[LTN 116, 19/6/14]

Royal Assent

Tax Laws Amendment (Implementation of the FATCA Agreement) Bill 2014 received Royal Assent on 30 June 2014 as Act No 67 of 2014. It supports implementation of the US FATCA Agreement in Australia.

[LTN 123, 30/6/14]

Committee recommends binding treaty action re FATCA agreement

The Interim Report of the Joint Standing Committee on Treaties on FATCA was tabled in the House of Reps on Mon 23.6.2014. The report contained the Committee’s recommendation in relation to its inquiry into the Agreement between the Government of Australia and the Government of the United States of America to Improve International Tax Compliance and Implement FATCA.

The Committee said it supported the Agreement and recommended that binding treaty action be taken. The Committee said it would table a full report of its inquiry into the Agreement “in due course”.

[LTN 118, 23/6/14]