{"id":19073,"date":"2013-01-30T10:24:47","date_gmt":"2013-01-30T10:24:47","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=19073"},"modified":"2013-01-30T10:24:47","modified_gmt":"2013-01-30T10:24:47","slug":"the-uk-can-block-jerseys-fatca-deal-if-it-wishes-and-theres-nothing-jersey-can-do-about-it","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/01\/30\/the-uk-can-block-jerseys-fatca-deal-if-it-wishes-and-theres-nothing-jersey-can-do-about-it\/","title":{"rendered":"The UK can block Jersey&#8217;s FATCA deal if it wishes, and there&#8217;s nothing Jersey can do about it"},"content":{"rendered":"<p>Last November <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2012\/11\/27\/the-uks-son-of-fatca-for-the-crown-dependencies\/\" target=\"_blank\">I helped expose <\/a>the fact that the UK was demanding that the\u00a0Crown Dependencies grant it full\u00a0automatic information exchange as a condition of agreeing to each of the Isle of Man, Jersey and Guernsey\u00a0entering\u00a0into deals with the USA on the Foreign Accountants\u00a0Tax\u00a0Compliance\u00a0Act\u00a0(FATCA).<\/p>\n<p>The Isle of Man has now\u00a0agreed\u00a0to the UK's demands. Jersey and Guernsey have said now, which gave rise to the <a href=\"http:\/\/www.statesassembly.gov.je\/AssemblyQuestions\/2013\/Deputy%20Tadier%20to%20AG%20re%20Legal%20powersof%20UK%20to%20prevent%20Jersey%20signing%20a%20FATCA%20with%20USA.pdf\" target=\"_blank\">follwoing question and answer being asked in the States of Jersey yesterda<\/a>y:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-19074\" title=\"Screen shot 2013-01-30 at 10.04.10\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10.png\" alt=\"\" width=\"578\" height=\"557\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10.png 578w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10-300x289.png 300w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10-24x24.png 24w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/01\/Screen-shot-2013-01-30-at-10.04.10-36x36.png 36w\" sizes=\"auto, (max-width: 578px) 100vw, 578px\" \/><\/a><\/p>\n<p>Three things are obvious. When the UK threatened it did so knowing it could. Jersey has no negotiating position in response. And therefore further change in their position seems very likely. All of which can only be described as good news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last November I helped expose the fact that the UK was demanding that the\u00a0Crown Dependencies grant it full\u00a0automatic information exchange as a condition of agreeing<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/01\/30\/the-uk-can-block-jerseys-fatca-deal-if-it-wishes-and-theres-nothing-jersey-can-do-about-it\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-19073","post","type-post","status-publish","format-standard","hentry","category-jersey"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=19073"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19073\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=19073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=19073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=19073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}