FATCA reporting – help is on hand
Most of us are fully aware of what FATCA means and the work that has to be done to ensure compliance. However, we have noticed a split in the camp between practitioners. There are those for [...]
FATCA to apply to non-US clients
To date everyone has thought of FATCA as being a 'US thing' so it is important to understand that it's now much bigger than that. Jo Summers explains...
FATCA: Update
Further to my articles on Foreign Account Tax Compliance Act (FATCA) HMRC have issued an update which I am sure you will be interested to read.
FATCA – what do you need to do next?
Well you did it – you mastered the minefield of FATCA and where appropriate you decided whether your client or your firm was a Financial Institution and registered for a GIIN; or you decided the [...]
Foreign Accounts Tax Compliance Act (FATCA) – it does affect potentially ALL UK trusts
FATCA was originally enacted in 2010 and was scheduled to take effect in January this year. This date was later postponed until January 2014 and now it had been pushed back yet further to 1 July 2014.
