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  • 15-05-19

    Taxation deal penned between Tunisia, U.S.

    (MENAFN) Tunisia is joining hands with the United States to enhance tax compliance around the world along with building up better collaboration in the taxation area.

    Ridha Chalghoum, Tunisian Minister of Finance, penned the taxation deal with U.S. Ambassador to Tunisia Donald Blome.

    Under the agreement, the two sides will be prioritizing the application of the Foreign Account Tax Compliance Act (FATCA).

    FATCA is means to handle reciprocity in information sharing along with guaranteeing its transparency.

    Chalghoum explained that the purpose behind the agreement is combining worldwide transparency for the battle against tax evasion, as well as following up closely on cash transfers.

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