Rosneft, the Russian energy company, was named as European in-house team of the year for direct tax at International Tax Review’s European Tax Awards last night.
Draft legislation to repeal the Foreign Account Tax Compliance Act (FATCA) is unlikely to spare foreign financial institutions from the task of complying with the law aimed at minimising tax evasion by US taxpayers.
An important deadline is imminent for foreign financial institutions (FFIs) that want to ensure they become compliant as early as possible with the Foreign Account Tax Compliance Act (FATCA) in the US.
Business will be part of a new structure the European Commission has set up to facilitate dialogue and the exchange of expertise between those interested in combating tax evasion.
