Taxpayers have been eagerly anticipating the release of new IRS guidance on FATCA since Congress enacted the new reporting regime in March. Erin Kelechava speaks with tax professionals and learns that for some taxpayers the guidance will raise more questions than answers.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation