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FATCA Implemented, but not strong
shutterstock_97580711 FATCA has been implemented, but it is not strong many groups still harboring strong political and legal animosity. FATCA is now legally in force, but the Treasury department is promising "to go easy" on enforcement for the first two years since delays and high costs leave many areas of the world still unable to fully comply with...
Am I Non-Willful Under The OVDP Streamlined Procedures ? – Forbes
Am I Non-Willful Under The OVDP Streamlined Procedures ? - Forbes. Charles Rettig, you are always brilliant!!  Great article written in Forbes.com as a follow up to your other article on the Streamlined Procedure written earlier in June.   Read his stuff!!    Rettig discusses the critical issues that relate to the streamlined procedure in a way that a good criminal tax lawyer thinks.  Further, his...
Easing the FATCA Compliance Burden
New IRS guidance seeks to reduce the compliance burden for intermediated payments Jeffrey S. Freeman, J.D., LL.M ftx-tax-solutions2Foreign Account Tax Compliance Act (FATCA) has been seen by many institutions as a burden due to the enormous amount of process, reporting and documentation changes that they were required to undergo in order to be compliant. Under the 2010 FATCA regulations,...
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