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U.S. IRS Releases Practice Unit on Traditional Automatic Exchange of Information

19 March 2019

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Treaty Development

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United States

The U.S. IRS has released an international practice unit on an Introduction to Traditional Automatic Exchange of Information. --- The Automatic Exchange of Information (AEOI) Program is a component of Treaty Administration, which also includes the Exchange of Information Program (EOI) and the Treaty Assistance and Interpretation Team (TAIT). Treaty Administration oversees the administration of tax treaties and bilateral and multilateral tax information exchange agreements (TIEAs). Treaty Administration supports the Treasury Department in tax treaty negotiations and addresses a variety of issues related to the application of the Foreign Account Tax Compliance Act (FATCA). The AEOI Program primarily facilitates the...