FATCA Daily

Edition list view

Business

Regulatory Scout

Shared by
Horner and Roberts

kpmgregulatoryscout.lu - © KPMG Luxembourg S.à r.l., a Luxembourg private limited company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG Internationa...

Technology

FATCA deadline looming

Shared by
April Rudin

blog.step.org - The Financial Times (FT) ran a story on Saturday 18 October about confusion over the Foreign Account tax Compliance Act (FATCA) deadline for trusts. It’s certainly true that the US has provided no ...

Technology

Financial Pages in Spain: FATCA – An American nightmare?

Shared by
David Goodall

expatsfrombritain.blogspot.com - Thursday, 17 July 2014 FATCA – An American nightmare? Not a typical post from Financial Pages in Spain but it’s for English-speaking expats and there are lots of US citizens in Spain, as well as th...

Technology

So What is the FATCA Deadline for Trusts?

Shared by
TaxConnections

taxconnections.com - The Financial Times (FT) ran a story on Saturday 18 October about confusion over the Foreign Account tax Compliance Act (FATCA) deadline for trusts. Trustees of private family trusts are being urge...

Business

FATCA e-alert issue 2014-34 | KPMG

Shared by
Alison Macleod

kpmg.com - © 2014 KPMG Luxembourg S.à r.l., a Luxembourg private limited company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG Interna...

Technology

Good Form? | Leader's Edge Magazine

Shared by
The Council

leadersedgemagazine.com - Several months into the new Foreign Account Tax Compliance Act (FATCA) regime, some new developments have surfaced that should ease your compliance burden. We expect the IRS and the Department of t...

Business

alJazeera Jobs - Senior Consultant – Operational & Regulatory Tax – Financial Services (FATCA)

Shared by
#1 Middle East Jobs

aljazeerajobs.com - Job descriptionEY Dubai’s operational and regulatory tax team sits within the MENA Business Tax Advisory practice and delivers on projects that navigate tax regulations and provides clients with ...

Business

Certain FATCA deadlines are postponed - Offshore News Flash

Shared by
Richard Woodward

offshorenewsflash.com - The IRS announced its intention in Notice 2014-59 to amend temporary regulations it issued under the Foreign Account Tax Compliance Act (FATCA) on March 6, 2014, to modify the effective dates of (1...

Business

FATCA: practical compliance for non-US private trust companies and their trusts - International Law Office

Shared by
Stanley Epstein

internationallawoffice.com - Introduction Application to common structure Non-financial foreign entities Use of sponsoring entity Private trust company registers as reporting IGA FFI Comment As it applies to trusts, the Foreig...

Business

Tax Analysts -- FATCA Envy Spreads Across Hemisphere

Shared by
Tax Analysts

taxanalysts.com - Here in America, tax collectors know when you earn interest on your bank deposits. That's because U.S. banks are obliged to collect such information and report it to the IRS. This makes it impracti...

Technology

Radio Prague - Czech MPs pave way for FATCA deal with US

Shared by
Stanley Epstein

radio.cz - The bill, approved in a fast-track procedure by MPs on Wednesday, allows the Czech authorities to exchange information on bank accounts with foreign countries for tax administration purposes. The b...

Education

MBA-Exchange.com

Shared by
MBA Jobs Middle East

MBA-Exchange.com -             This job is on an external website where you might need to register / login separately to apply to the position.

Health

Shared by
jobup_banking

jobup.ch - CDD jusqu'à la fin du mois de Juin 2015 - Date d'entrée de suite eprendre la gestion de la taxe US, controls mensuels, pointage, déclaration IRS, connaissance FATCA largement souhaitée. Description...

Technology

Reactions to FATCA regulations’ application in Serbia

Shared by
Eurofast

eurofast.eu - The application of FATCA regulations by some of Serbian Banks, and more specifically the required consent for collection and delivery of personal data and information about their bank account to th...

Technology

FATCA: Do I need to register with the US IRS before 31 December 2014? - Maples and Calder

Shared by
Maples and Calder

maplesandcalder.com - This question has been given due consideration by a significant number of persons holding management responsibility for, or acting in an advisory capacity to, Cayman Islands registered or incorpora...

Science

Robot Not Allowed

Shared by
Mondaq

mondaq.com - If you feel that this Robot should be able to have access and crawl our site, please email details to our webmaster.

Technology

Wills, Trusts & Estates Prof Blog

Shared by
Harris & Schroeder

lawprofessors.typepad.com - As I have previously discussed, the Foreign Account Tax Compliance Act (FATCA) requires financial institutions to report large accounts held by U.S. account holders to ensure compliance with U.S. t...

World

Mexican drug cartels are worse than ISIL

Shared by
Marvin Van Horn

america.aljazeera.com - The horrific rampage of the Islamic State of Iraq and the Levant (ISIL) has captured the world’s attention. Many Western commentators have characterized ISIL’s crimes as unique, no longer practiced...

Technology

Boodle Hatfield - FATCA Deadline

Shared by
Boodle Hatfield LLP

boodlehatfield.com - UK resident trusts which need to register with the IRS under the FATCA regulations, are advised to do so by 25 October 2014, in order to obtain a GIIN (US FATCA identification number) by the 1 Janu...

Technology

OECD CRS - Global FATCA | White Papers | KNOWledge

Shared by
Ryan

dbfs.co.uk - In September 2014 the G20 Finance Ministers accepted and committed to implement the Common Reporting Standard as part of the OECD Standard for Automated Exchange of Financial Accounts Information i...

Technology

ISDA - International Swaps and Derivatives Association, Inc.

Shared by
ISDA Conferences

isda.org - Payments under an ISDA Master Agreement that are Subject to FATCA. Timelines for Effectiveness. Withholding under the ISDA Master Agreement and the ISDA 2012 FATCA Protocol Please click here for th...

Technology

Russell Bedford member SMP Partners appoints FATCA expert

Shared by
Russell Bedford

russellbedford.com - Claire will manage the SMP Group’s FATCA implementation project and work closely with colleagues to ensure compliance with international information exchange agreements. FATCA, which came into oper...

Technology

Bob McIntosh: FATCA - 'the worst law you never heard of' - TwinCities.com

Shared by
Bob McIntosh

twincities.com - Democratic House and Senate candidates seem likely to lose the votes of a large constituency they rarely think about over a law that most Americans have never heard of. The issue is FATCA -- the Fo...

Technology

The Foreign Account Tax Compliance Act | Download Whitepaper

Shared by
Pearse Trust

pearse-trust.ie - The Foreign Account Tax Compliance Act (“FATCA”) is U.S. tax legislation which was enacted by the Hiring Incentives to Restore Employment ("HIRE") Act 2010. FATCA has introduced a new chapter to th...

Business

IRS Explains How To Come Clean On Offshore Accounts - Forbes

Shared by
Billion

forbes.com - In Which IRS Offshore Amnesty Program Is Right For You? I suggested issues to consider in offshore account disclosures to the IRS. Since then, the IRS has clarified disclosure programs. The IRS eve...

Business

IFC Review - Czech MPs pave way for FATCA deal with US

Shared by
IFC Review

ifcreview.com - Subscribe to a three month free trial To subscribe to the three month free trial, giving you unlimited access to the website and archive, enter your details below. If you also wish to recieve the E...

Business

Swiss Banks Ask U.S. to Amend Proposed Tax Amnesty Deals - Bloomberg

Shared by
ExpatsTaxes.com

bloomberg.com - Swiss banks seeking to avoid U.S. prosecution by disclosing how they helped Americans evade taxes asked the Justice Department this week to back off demands that they also cooperate with other nati...

Technology

Why Are Republicans Plotting To Sabotage A Crackdown On Tax Evasion?

Shared by
Celazul1

thinkprogress.org - by Alan Pyke Posted on January 22, 2014 at 3:02 pm Updated: January 22, 2014 at 4:08 pm "Why Are Republicans Plotting To Sabotage A Crackdown On Tax Evasion?" The Republican Party is poised to dema...

Business

Muslim Woman Attacks Muslims For Demanding Halal Food At Minnesota Food Banks

Shared by
Marvin Van Horn

ibtimes.com - An organization representing Somali refugees in Minnesota is demanding more availability of halal products on food pantry shelves, asking local officials to reallocate part of their budget to accom...

Technology

Govt expert on FATCA leaves the Treasury to join SMP Partners - Isle of Man Today

Shared by
Alacra

iomtoday.co.im - Talented Claire Mulhern, who co-ordinated the drafting and publication of the Crown Dependency guidance notes on FATCA, has left the public sector to join an island company. Claire will primarily m...

World

General Dempsey to the Rescue - Mark Perry - POLITICO Magazine

Shared by
Marvin Van Horn

politico.com - Apart from an occasional Thursday afternoon meeting between Barack Obama and Defense Secretary Chuck Hagel at the White House, Gen. Martin Dempsey—the chairman of the Joint Chiefs of Staff—rarely h...

Business

Positive Changes under FATCA for withholding foreign partnerships and trusts

Shared by
Alacra

sys-con.com - Updates to Chapter 3 Rules for withholding partnerships and trusts under FATCA The IRS required all withholding foreign partnerships (WFPs) and withholding foreign trusts (WFTs) to renew their stat...

Art & Entertainment

NYC cops on Ebola case dump gloves and masks in sidewalk trash can 

Shared by
Marvin Van Horn

dailymail.co.uk - With the news that the first confirmed case of Ebola has hit New York City, all attention now turns to how equipped the densely populated metropolis is to deal with the deadly virus - and if the ci...

Technology

GATCA

Shared by
Haydon P. Perryman

haydonperryman.com - October 24, 2014 By Haydon Perryman, CGMA in GATCA Tags: AEI, AEoI, BEPS, CRS, FATCA, GATCA, IGA Leave a comment Share this: Facebook LinkedIn Reddit Google Twitter Pinterest Email Print StumbleUpo...

World

The Regretful Jihadists of the Islamic State

Shared by
Marvin Van Horn

foreignpolicy.com - On Sept. 24, as the U.N. Security Council prepared to adopt a resolution aimed at tackling the threat of foreign terrorist fighters around the world, French security services were wrapping up a "ji...

Business

Switzerland To Add Info Exchange Provisions To All DTAs #GATCA « GATCA

Shared by
Haydon P. Perryman

haydonperryman.com - via Google Alert – Automatic Exchange of Information http://bit.ly/1tgfeSc

Environment

Wasting Money Is Washington’s Favorite Activity

Shared by
Marvin Van Horn

danieljmitchell.wordpress.com - It’s unfortunate that Senator Tom Coburn is retiring. He hasn’t been perfect, but nobody can question is commitment to limited government. He’s been a rare voice in Washington against wasteful spen...

Technology

The Tax Times: So What is the Fatca Deadline for Trusts?

Shared by
Ronald A. Marini

thetaxtimes.blogspot.com - The Financial Times (FT) ran a story on Saturday 18 October about confusion over the Foreign Account tax Compliance Act (FATCA) deadline for trusts. Trustees of private family trusts are being urge...

Business

Eureka Financial - Financial Training - London, UK and International

Shared by
Eureka Financial Ltd

eurekafinancial.com - Stanley has an extensive experience in banking, specifically the operations, payments, RTGS and the operational risk aspects of banking covering the UK, Europe, USA, Australia and Southern Africa. ...

Technology

USA Treasury Launches Global Citizen Tracking System, Code Names: #FATCA & #IGA #GATCA « GATCA

Shared by
Haydon P. Perryman

haydonperryman.com - In a four year, $200 billion global development program unknowingly initiated by Congress, the US police force FINCEN has implemented a global tracking system of US citizens, their assets, their ba...

Technology

Prime Consulting Alliance, LLC – FATCA (Foreign Account Tax Compliance Act)

Shared by
Cem Wald

capitalempower.com - Since July 1st, 2014 with compliance with FATCA (Foreign Account Tax Compliance Act) more than 77 000 Banks around the world have already agreed to report old and new foreign accounts and offshore ...

Business

Fatca, caos per gli intermediari - ItaliaOggi

Shared by
Paolo Soro

italiaoggi.it - Intermediari non bancari nel caos per gli obblighi Fatca. Per finanziarie, enti di microcredito e istituti di pagamento non è chiaro chi è soggetto o meno alla nuova disciplina antievasione di scam...

Technology

Updated Rules Under Fatca #GATCA « GATCA

Shared by
Haydon P. Perryman

haydonperryman.com - Updated Rules Under Fatca #GATCA October 23, 2014 By Haydon Perryman, CGMA in Updated Rules Under Fatca Tags: AEI, AEoI, BEPS, CRS, FATCA, GATCA, IGA Leave a comment Share this: Facebook LinkedIn R...

Technology

Kuenzi: American Expats' Tax Nightmare - WSJ

Shared by
JC Double Taxed

online.wsj.com - U.S. Treasury officials are trumpeting the fact that more than 77,000 financial institutions have registered with the Internal Revenue Service, as required by the Foreign Account Tax Compliance Act...

Environment

Loi FATCA "Foreign Account Tax Compliance Act" > Marsh France

Shared by
Mathieu Montassier

france.marsh.com - La Loi « Foreign Account Tax Compliance » (FATCA) est une nouvelle réglementation des États-Unis ayant des implications mondiales pour les assurés. Bien qu'elle prenne effet le 1er Juillet 2014, ce...

Leisure

Editorial periodístico

Shared by
Sandra Berja Muñoz

elhorizonte.mx - El 30 de noviembre próximo, los ciudadanos de Suiza acudirán a las urnas para votar en un referéndum en el que se les preguntará sobre tres iniciativas: si quieren que el Banco Nacional  Suizo (SNB...

Politics

Ratifica di Fatca: emendamenti respinti (Il Sole 24 Ore, 23 ottobre 2014)

Shared by
Agatino Grillo

compliancenet.it - Prosegue il lavoro parlamentare per il recepimento dell’accordo Italia-Usa sull’applicazione della normativa Fatca (Foreign Account Tax Compliance Act) per il contrasto all’evasione fiscale internaz...

World

Torture May Not Be So Bad When You're Using the Bamboo Splinters, Obama Administration Decides - Hit & Run : Reason.com

Shared by
Marvin Van Horn

reason.com - Like so many other things Barack Obama thought were so terrible about his predecessor in office—war in Iraq, executive orders, lack of transparency—he may have decided that torture isn't so bad whe...

Technology

Insurance Industry Seeks Reprieve From Form 1099 FATCA Reporting

Shared by
Vizor Software

bna.com - To view additional stories from Daily Tax Report register for a free trial now

World

How ISIS’s Colorado Girls Were Caught - The Daily Beast

Shared by
Marvin Van Horn

thedailybeast.com - The Farah girls, aged 17 and 15, told their father they were too sick to go to school on Friday morning. So the father, 68-year-old Ali Farah, let them stay home as he set off for work from the fam...

Micah Willbrand

Director of AML/Compliance at LexisNexis. Reviewing how businesses are adapting to ever changing customer relationships. Comments here are mine and mine alone!