TOTAL: {[ getCartTotalCost() | currencyFilter ]} Update cart for total shopping_basket Checkout

Daily Dashboard | Study examines FATCA through the lens of GDPR Related reading: What the heck just happened?

rss_feed
APF18_Web_300x250-COPY
GDPR-Ready_300x250-Ad
Webcon_PA_300x250_ad_April-2018_Collibra_v2

A study commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs examines the U.S. Foreign Account Tax Compliance Act and the ways it is implemented both in the EU and around the world. The study looks at FATCA through the lens of the EU General Data Protection Regulation, stating data transfers under FATCA to the United States need to have the proper level of protection through provisions found within intergovernmental agreements. “In conclusion, data protection rules should play a significant role in taxpayer protection in [Automatic Exchange of Information] and FATCA. Thanks to the improvements that the GDPR has made in comparison to the Data Protection Directive, the protection that the EU provides for taxpayers via the principle of proportionality should be complied (sic) with the FATCA procedures,” the study states.
Full Story

Comments

If you want to comment on this post, you need to login.