The proposed regulations for the Foreign Account Tax Compliance Act (FATCA) are evidence that the US Treasury has listened to financial institutions about the difficulty of implementing such complex legislation in the time allowed.
The German Ministry of Finance has published an interpretative letter dealing with how the tax authorities intend to enforce revised anti-treaty shopping rules, which took effect on January 1.
The flag dropped on the world’s biggest initial public offering of an internet company’s shares last Wednesday when Facebook lodged an S-1 form with the SEC. What did the filing tell us about the social networking company’s tax position?
The US government has listened to the concerns of financial institutions and practitioners about the implementation of the Foreign Account Tax Compliance Act (FATCA).
