The Treasury Department said Friday that due to overwhelming interest from countries around the world, it will extend by six months the start of the withholding and account due diligence requirements ...

Foreign Account Tax Compliance Act (FATCA) withholding and account due diligence requirements are being extended six months, to July 1 from February 1. The delay is being instituted to allow U.S.

Financial institutions set to act as withholding agents from July 1 when the anti-tax evasion law Fatca comes into force will struggle to operate effectively without a vital form that they are still ...

Recent efforts of the U.S. government to recapture tax dollars hidden in offshore investment accounts have captured the full attention of leading banks and investment firms overseas.U.S. investment ...

On Friday, the IRS said it was delaying for six months some of the deadlines for implementing the Foreign Account Tax Compliance Act (FATCA) originally set out in the final regulations issued in April ...

NEW YORK, NY--(Marketwired - Sep 22, 2014) - For the third year in a row, marcus evans, the leader in legal/regulatory compliance business meetings, will host the FATCA and Global Tax Compliance Forum ...

On Thursday, the IRS released a draft Form 8966, FATCA Report, which will be used by foreign financial institutions (FFIs) and withholding agents to comply with their FATCA reporting and withholding ...

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Foreign financial institutions will face tax withholding penalties on Tuesday, July 1 if they have not begun to make efforts to comply with the Foreign Account Tax Compliance Act, or FATCA. FATCA, ...

On Dec. 13, 2018, the Internal Revenue Service and the Treasury Department issued proposed regulations addressing various aspect of the withholding and information reporting regime under the Foreign ...