Under a series of tax laws, intergovernmental agreements (IGAs), and international treaties, such as the Foreign Account Tax Compliance Act (FATCA), offshore banks are obliged to […]
The Foreign Account Tax Compliance Act (FATCA), a federal tax law passed in 2010, requires U.S. taxpayers and foreign banks to disclose certain offshore accounts and […]
In a sealed case argued and decided earlier this summer, the U.S. Court of Appeals for the D.C. Circuit sided with the IRS against three unspecified […]
Accounts Face Increased Danger If you have visited our tax blog, you have likely heard us discussing a federal law known as the Foreign Account Tax […]
The acronym “FATCA” refers to the Foreign Account Tax Compliance Act. FATCA, which was passed by Congress in 2010 as part of the Hiring Incentives to […]
