The International Tax and Investment Center (ITIC), which works with politicians, officials, taxpayers, practitioners and others to encourage best practices in tax and investment policy, has appointed Beth Pessoa Ramos to manage its Latin American programmes.
The US National Taxpayer Advocate (NTA) has raised serious doubts about the creation of an international financial data regime as the goal of the Foreign Account Tax Compliance Act (FATCA).
A change in the final version of a document critical to compliance with the Foreign Account Tax Compliance Act (FATCA) will allow financial firms to choose which form of due diligence procedures to follow.
It has been a breathless time for the Foreign Account Tax Compliance Act (FATCA), the US law aimed at uncovering undisclosed money held by Americans in overseas banks.
Companies want more guidance and advice from tax authorities about how to manage tax transparency, a topic that is set to be key to the outcomes from the OECD’s BEPS project over the next two years. That was one of the more important findings from a survey of more than 100 global organisations.
It was not easy to confine this list to one dispute from each month. Cases we had to leave out included PPL in the US Supreme Court about the creditability of foreign taxes and the Prudential judgment in the UK Supreme Court on legal professional privilege
