Abstract
This chapter covers the objective of the Foreign Account Tax Compliance Act (FATCA), and focuses on FATCA reporting: (i) by US taxpayers about certain foreign financial accounts and offshore assets, (ii) by foreign financial institutions about financial accounts held by US taxpayers or foreign entities in which US taxpayers hold a substantial ownership interest. Intergovernmental agreements, documentation and due diligence, and reporting and withholding are also covered.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
