Intro
Contents
Acknowledgements
Guidance Abbreviations
Introduction
1. History and Context
1.1 The historical landscape in relation to tax information exchange
1.2 International relations and the family of nations: first attempts
1.3 After the war
lost opportunities
1.4 Global economic crisis
a reawakening of awareness
1.5 Tax information exchange agreements
1.6 FATCA, CRS and real automatic exchange
1.7 Base Erosion & Profit Shifting
the bandwagon rolls on
1.8 EU Implementation of Action Point 12
1.9 Mandatory Disclosure Regime (MDR)

1.10 Conclusion
2 Types of Exchange
2.1 Spontaneous exchange of information
2.2 Automatic exchange of information ('AEOI')
2.3 Exchange of information on request
2.4 Current examples of information exchange
2.4.1 Double taxation treaties
2.4.2 Tax Information Exchange Agreements (TIEAS)
2.4.3 CRS and FATCA
2.4.4 Mandatory disclosure regime ("MDR")
2.4.5 EU DAC6
2.4.6 Country by country reporting
3 Interpretation
3.1 Introductory principles
3.1.1 Rules of interpretation58F : introduction
3.2 National provisions
3.2.1 Context of interpretation

3.2.2 Starting point
3.2.3 Uncertainty
3.3 International provisions: other than EU provisions
3.4 Interpretation of EU provisions67F
3.4.1 The treaties
3.4.2 Regulations
3.4.3 Directives
3.4.4 Conflicts between EU and domestic law
3.5 Guidance generally
4 Disclosure of Tax Avoidance Schemes ('DOTAS')
4.1 An introduction
4.2 Scope
4.3 What arrangements need reporting?
4.4 Who reports?
4.4.1 Designing Schemes
4.4.2 Making Schemes available for implementation
4.4.3 Making a firm approach to another
4.4.4 Introducers
4.5 Hallmarks

4.5.1 Hallmark 1 'Confidentiality'
4.5.2 Hallmark 2 'Confidentiality with no promoter'
4.5.3 Hallmark 3
Premium fee
4.5.4 Hallmark 5
Standardised tax products
Test 1
Test 2
Test 3
Test 4
4.5.5 Hallmark 6 Loss schemes
4.5.6 Hallmark 7 Leasing arrangements
4.5.7 Hallmark 8 Employment income provided through third parties
Condition 1
Condition 2
Condition 3
Condition 4
Condition 5
4.5.8 Hallmark 9 Financial products
4.6 Conclusion
5 Foreign Account Tax Compliance Act
FATCA
5.1 FATCA and other regimes
5.2 FATCA, MDR and DAC6

5.3 What is FATCA?108F
5.4 Purpose
5.5 Implementation: introduction
5.6 Model 1 IGAs: Introduction
5.7 Terminology: introduction
5.8 Terminology: Financial Institutions
5.9 NFFE
5.10 Financial accounts
5.11 Financial assets
5.12 Obligations (other than reporting) under FATCA
5.13 Identification of preexisting accounts: individual accounts
5.14 Identification of preexisting accounts: preexisting entity accounts
5.15 Obligations in relation to new accounts: new individual accounts
5.16 Obligations in relation to new accounts: new entity accounts