Tags » Foreign Account Tax Compliance Act

Russia - The Central Bank issued FATCA guidance

The Central Bank of Russia has issued Bulletin No. 64 (1542) on July 10, 2014 regarding the rules for implementing the FATCA legislation. Central Bank’s guidance is given below: 126 more words

Tax

US-Israel FATCA agreement details

The US Treasury Department has published the official text of the intergovernmental agreement (IGA) between the United States and Israel that was signed on June 30, 2014… 90 more words

Treaty

US: Ten IGAs Join 'In Substance' FATCA

At the eleventh hour another ten jurisdictions joined in FATCA after fulfilling the terms of intergovernmental agreements (IGAs).

According to US transitional FATCA rules, agreements come into substance before July 1 can be regarded as being in effect through to the end of 2014, considering the IGA is signed on or before December 31, 2014. 66 more words

Tax

US: FATCA comes into force

The United States Foreign Account Tax Compliance Act (FATCA) came into force on July 1 to prevent institutions hiding money on their clients’ behalf. FATCA legislation, signed into law in 2010, requires foreign banks to hand over data on clients to the US International Revenue Service (IRS). 45 more words

Tax

US: FATCA comes into force

The United States Foreign Account Tax Compliance Act (FATCA) came into force on July 1 to prevent institutions hiding money on their clients’ behalf. FATCA legislation, signed into law in 2010, requires foreign banks to hand over data on clients to the US International Revenue Service (IRS). 45 more words

US

FATCA: What It Is, How It Affects Investors

 

Offshore accounts are receiving a new level of scrutiny.

Provided by Jeffrey Davis

    

The federal government implements new rules to fight tax dodgers. As of July 1, 2014, the… 770 more words

China: FATCA Pact with US

China has reached an intergovernmental agreement (IGA) with the U.S. on cooperation with the Foreign Account Tax Compliance Act, according to the U.S. Treasury Department. 72 more words

US