الكشف عن الأصول الخاضعة للضريبة عبر الحدود الوطنية و أثره في مواجهة الممارسات الضريبية الضارة : (دراسة حول برامج و مستحدثات إدارة الضرائب الأمريكية)‎ FATCA-OVEDP

Abstract EN

Countries with different degrees of economic development face great challenges in confronting tax evasion as a result of harmful tax planning, especially after the global trend towards digitizing the financial and tax business.

The US government was alerted to these challenges, and quickly passed legislation to protect its tax base from erosion, not only within the country's borders but around the world, which is known as the Foreign Account Tax Compliance Act.

This law had the greatest impact on changing the culture and conviction of countries on the issue of data confidentiality, and the possibility of its circulation in relation to tax matters, despite the opposition of some of those countries to the US tax compliance law at the time of its issuance.

As some described it as a breach of the barriers and sovereignty of countries on their soil, and a breach of the barriers of secrecy of financial and banking accounts, which led to the international community’s interest in the mechanisms of application and implementation of the FATCA Law and other programs proposed by the US administration, leading to the results of this application.

Countries, led by the United States of America, as well as Egypt, have a special interest in maximizing their tax returns, by maintaining a base of tax revenues, and if necessary, entering into international agreements that would impose a contractual obligation between countries, each other, to exchange information, data, and revenues for holders of the concerned nationalities, to ensure not to evade or resort to harmful tax planning or transfer the profits of those entities to tax havens, so that the competent national tax departments can determine the fair tax treatment of these clients.