Press briefing of Cabinet Decision taken on 2016-03-23

Foreign Account Tax Compliance Act of the United States of America - entering into an Inter-Governmental Agreement with the Internal Revenue Services of the United States of America

- The proposal made by the Prime Minister, Hon. Ranil Wickremasinghe, in his capacity as the minister of National Policies and Economic affairs, to enter into an Inter-Governmental Agreement, between the Institute for Internal Revenue Services of the United States of America and the Department of Inland Revenue of Sri Lanka, for tax-information exchange on reciprocal basis, between the United States of America and Sri Lanka, was approved by the Cabinet.