Thanks to the FiTAX tax reporting solution, some 2,000 financial institutions successfully met the reporting requirements of tax authorities. FiTAX FATCA covers more than 45 countries. ZURICH, ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 8 years old. Some offshore account ...

In February 2012, the Internal Revenue Service issued proposed regulations regarding the implementation of the Foreign Account Tax Compliance Act (FATCA), a statute that was included in the Hiring ...

The Internal Revenue Service’s Taxpayer Advocate Service, an independent advocacy office within the agency, says some reporting requirements for expatriate Americans are duplicative and unnecessary.

THE Ministry of Financial Services is set to issue a tender for the development and implementation of a Foreign Account Tax Compliance Act (FATCA) reporting system, its director said yesterday, adding ...

FATCA—the Foreign Account Tax Compliance Act—generally takes effect in 2013 and the IRS will start penalizing foreign banks in 2014 for failing to comply. The law was enacted in 2010 but remains in ...

Thanks to the FiTAX tax reporting solution, some 2,000 financial institutions successfully met the reporting requirements of tax authorities. FiTAX FATCA covers more than 45 countries. ZURICH, ...

ZURICH, SWITZERLAND--(Marketwired - Nov 12, 2015) - 2015 marks a turning point in the FATCA timeline: for the first time, Financial Foreign Institutions (FFIs) faced the challenge of FATCA reporting ...