FATCA

The list below is a collection of articles that refer to, mention or discuss FATCA.

Tax Money Wasted On Blunders

Tax authorities are spending millions on unnecessary technology and training while accused of cutting jobs and customer services to the bone. Just this week, the Internal Revenue Service (IRS) in the United States and HM Revenue and Customs (HMRC) in Britain have faced criticism for slack spending. In the US, the IRS had to spend … Read more

Categories Tax

US FATCA Laws Pass A Final Milestone

July 1 marked a milestone in the implementation of the US Foreign Account Tax Compliance Act (FATCA) for American expats and financial firms serving them around the world. Although FATCA was passed by Congress way back in 2010, legal and political challenges have held up bringing the measure into full operation. The Internal Revenue Service … Read more

Categories Tax