FATCA: Competent Authority arrangement with India

FATCA: Competent Authority arrangement with India

The IRS has posted text of a Competent Authority arrangement (CAA) between the United States and India, pursuant to provisions of the intergovernmental agreement (IGA) that was signed in July 2015 to implement the FATCA regime. The IGA signed by the United States and India follows the Model 1 IGA.

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The CAA with India is the second CAA announced by the IRS this week, the first being the CAA to implement the IGA with Hungary.  Read text of the FATCA-related CAA [PDF 64 KB] with India. 

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