Abstract
The authors of the contribution are dealing with the one possible option of the prevention of the tax evasion by the international cooperation of financial authorities. The Act n. 330/2014 Coll., on Exchange of Information about Financial Accounts for Purpose of Tax Administration with the United States of America, was adopted in the Czech Republic in 2014.
This statutory regulation implements the Agreement between the United States of America and the Czech Republic to Improve International Tax Compliance and with Respect to the United States Information and Reporting Provisions Commonly Known as the Foreign Account Tax Compliance Act ("FATCA agreement"), signed in Prague on August 4th 2014