Dutch Want To Discuss FATCA With EU Finance Ministers

Law360 (February 11, 2021, 11:53 AM EST) -- The Dutch want to discuss parts of the U.S. Foreign Account Tax Compliance Act that cause headaches for European Union banks and citizens with ties to the U.S. in an upcoming meeting of EU finance ministers, multiple people confirmed Thursday.

The Netherlands wants a "permanent solution" to banking issues that can arise for EU citizens with U.S. nationality, according to a note. (AP Photo/Peter Dejong) The Netherlands wants to look at the lack of reciprocity on information exchange between EU countries and the U.S. at the Feb. 16 meeting and to discuss issues related to FATCA that pertain to U.S. citizens...

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