FATCA: Market Court Refers 13 Preliminary Questions to CJEU
The Belgian Market Court has referred 13 preliminary questions to the CJEU regarding the FATCA intergovernmental agreement and its compatibility with EU data protection law. The questions address compliance with Directive 95/46/EC, the GDPR's Article 96, and the framework for international data transfers. This follows earlier decisions by the Belgian DPA prohibiting data transfers of 'accidental Americans' to U.S. tax authorities.
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