Prevention of Avoidance. The Bahamas shall implement as necessary requirements to prevent Financial Institutions from adopting practices intended to circumvent the reporting required under this Agreement.
Appears in 4 contracts
Sources: Foreign Account Tax Compliance Agreement, Agreement to Implement Fatca, Agreement to Implement Fatca
Prevention of Avoidance. The Bahamas shall implement as necessary requirements to prevent Financial Institutions from adopting practices intended to circumvent the reporting required under this Agreement.
Article 6 Mutual Commitment to Continue to Enhance the Effectiveness of Information Exchange and Transparency
Appears in 2 contracts
Sources: Foreign Account Tax Compliance Agreement, Foreign Account Tax Compliance Agreement