The publication of potential options for implementation of Foreign Account Tax Compliance Act makes it even more important for taxpayers to ensure they know about the legislation, warn Thomas Humphreys, Remmelt Reigersman and Jared Goldberger of Morrison & Foerster.
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Belt and Road Initiative countries face tax incentive conundrums due to pillar two, but relatively few countries would seek to scrap the project, ITR has heard