{"id":118971,"date":"2018-11-22T09:27:45","date_gmt":"2018-11-22T13:27:45","guid":{"rendered":"http:\/\/dr1.com\/new\/?p=118971"},"modified":"2018-11-22T09:27:45","modified_gmt":"2018-11-22T13:27:45","slug":"fatca-is-valid-says-constitutional-court","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2018\/11\/22\/fatca-is-valid-says-constitutional-court\/","title":{"rendered":"FATCA is valid says Constitutional Court"},"content":{"rendered":"<figure id=\"attachment_119010\" aria-describedby=\"caption-attachment-119010\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" class=\"size-medium wp-image-119010\" src=\"http:\/\/dr1.com\/new\/wp-content\/uploads\/2018\/11\/US-Treasury-Goodfreephotos-300x250.png\" alt=\"\" width=\"300\" height=\"250\" \/><figcaption id=\"caption-attachment-119010\" class=\"wp-caption-text\">US Treasury \/ Photo: Goodfreephotos<\/figcaption><\/figure>\n<p>The Constitutional Court validated the agreement signed by the Dominican Republic with the United States for international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA), signed in Santo Domingo on 15 September 2016. The ruling is TC\/0404\/18. The FATCA allows for the automatic exchange of information for taxation purposes.<\/p>\n<p>FATCA is a 2010 United States federal law that requires all non-US financial institutions to search their records for US citizen status and report the assets and identities of these to the US Department of the Treasury for taxation purposes.<\/p>\n<p>Read more:<br \/>\n<a href=\"https:\/\/www.tribunalconstitucional.gob.do\/consultas\/secretar%C3%ADa\/sentencias\/tc040418\/\" target=\"_blank\" rel=\"noopener\">Tribunal Constitucional<\/a><br \/>\n<a href=\"https:\/\/www.treasury.gov\/resource-center\/tax-policy\/treaties\/Pages\/FATCA.aspx\" target=\"_blank\" rel=\"noopener\">US Treasury<\/a><\/p>\n<p>22 November 2018<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Constitutional Court validated the agreement signed by the Dominican Republic with the United States for international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA), signed in Santo Domingo on 15 September 2016. The ruling is TC\/0404\/18. The FATCA allows for the automatic exchange of information for taxation purposes. FATCA is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2018\/11\/22\/fatca-is-valid-says-constitutional-court\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/118971"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=118971"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/118971\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=118971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=118971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=118971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}