///US Foreign Account Tax Compliance Act (FATCA)

US Foreign Account Tax Compliance Act (FATCA)

The Foreign Account Tax Compliance Act (FATCA) is an important development in U.S. efforts to improve tax compliance involving foreign financial assets and offshore accounts. Under FATCA, U.S. taxpayers with specified foreign financial assets that exceed certain thresholds must report those assets to the IRS. Click here to read the full article.

2013-07-29T10:59:30+00:00 29th July 2013| Industry News|