What to Factor in for Fatca
Three Key Dates Coming Up for Firms Trying to Comply with Fatca
Another important Foreign Account Tax Compliance Act (Fatca) deadline has passed, but firms must ensure they stay focused.
What the US Internal Revenue Service (IRS) terms foreign financial institutions (FFIs) with US clients on their books had to be registered with the IRS by January 1. And this year brings more requirements, among them three key deadlines.
Fatca is a reporting and withholding regime introduced to prevent US citizens stashing their money in offshore accounts and avoiding taxes
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