The OECD Organization for Economic Co-operation and Development] Model Tax Convention was updated in 2012 to facilitate requests for the exchange of tax information internationally. This update emphasized the growing need for transparency and compliance in the administration of taxes, including international wealth investment. This is a topical subject due to the pending introduction of US legislation concerning the Foreign Account Tax Compliance Act (FACTA), where every jurisdiction would be required to sign an inter-government agreement (IGA) to cooperate in combating international tax...