United Kingdom · Question · Written question
UIN 36666
Bank Services
Original
Introduced
20 July 2021
Last action
26 July 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
26 July 2021
Summary
To ask the Chancellor of the Exchequer, what assessment his Department has made on (a) whether HMRC guidance issued in relation to the US Foreign Account Tax Compliance Act (FACTA) complies with GDPR legislation and (b) the proportionality of the applicat
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Timeline
20 July 2021
Written question
To ask the Chancellor of the Exchequer, what assessment his Department has made on (a) whether HMRC guidance issued in relation to the US Foreign Account Tax Compliance Act (FACTA) complies with GDPR legislation and (b) the proportionality of the applicat
Source: Commons
26 July 2021
Answer
HMRC have assessed that their FATCA guidance is GDPR compliant.It is proportionate to report a joint account under FATCA because a US citizen or resident is an account holder. The name and other details of any joint account holder who is not a US citizen ...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-07-20/36666
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1348708
- uk · wq-1348708 · source updated 26 July 2021