FATCA Intergovernmental Agreements (“IGAs”) between the United States and foreign jurisdictions are typically premised on the automatic exchange of information called for in the income tax treaties between the countries, and accordingly, changes to the status of a treaty can affect the status of the corresponding IGA. In light of recent changes to the statuses of the income tax treaties between the United States and Chile (“Chile Treaty”) and the United States and Hungary (“Hungary Treaty”), this article considers the potential impacts to the corresponding IGAs, as well the…
