The list below is a collection of articles that refer to, mention or discuss Foreign Account Tax Compliance Act, also known as FATCA
Tag: FATCA
Banker Admits Fraud In First FATCA Prosecution
US federal authorities are celebrating the first successful prosecution under the Foreign Account Tax Compliance Act (FATCA).
Adrian Baron, former chief executive and chief business...
FATCA List – July 2018
The number of foreign financial institutions signing up for US Internal Revenue Service Foreign Account Compliance Tax Act approval has slowed.
The list saw 7,071...
Greater Numbers Of US Expats Hand Back Passports
More Americans are cutting their ties with home than ever before because of tough tax rules imposed by the US government.
Since the Foreign Account...
FATCA List – July 2018
Another 7,000 foreign financial institutions joined the US Internal Revenue Service in June.
The latest list of accredited FFIs runs to 314,026 banks, trusts and...
Euro MPs Want To Protect Accidental Americans Against FATCA
Accidental Americans chased by the US Internal Revenue Service for unpaid taxes have won support from the European Parliament’s largest group of politicians.
The Socialists...
Watchdog Raps IRS For FATCA Compliance Blunders
Government spending watchdogs have slammed the US Internal Revenue Service for compliance blunders while spending hundreds of millions of dollars on the Foreign Account...
US Expats Show Shocking Ignorance Of FATCA
Expat Americans know shockingly little about laws that require them to report their overseas savings and investments.
The Foreign Account Tax Compliance Act (FATCA) was...
FATCA List – June 2018
Another 3,766 foreign financial institutions have registered with the US Internal Revenue Service to report customer financial information under the Foreign Account Tax Compliance...
US Expats Get Dear John Letters From Their Banks
US banks are freezing accounts and investments for American expats to avoid the cost of money laundering and tax avoidance laws.
Hundreds of expats have...
Countries That Have Signed Up To FATCA
Agree or disagree with the Foreign Account Taxation Compliance Act (FATCA), the tax network between America and more than 100 other countries is going...
FATCA List – May 2018
The number of foreign financial institutions signed up as observing the US Foreign Account Tax Compliance Act (FATCA) has increased by more than 2,700...
Accidental Americans Financially Frustrated By FATCA
Strict tax rules governing US taxpayers who live abroad are highlighting the plight of Accidental Americans in some countries.
Accidental Americans are people who have...
Repeal FATCA Appeal Rejected By US Supreme Court
A legal challenge claiming a US tax law aimed at uncovering hidden offshore earnings and investments violated constitutional rights has been thrown out again...
Trump’s Tax Reform Does Little For Expats
US President Donald Trump has made a lot of noise about his tax reforms - but what do they mean for American expats?
The answer...
FATCA List – January 2018
The first list of foreign financial institutions compliant with the US Foreign Account Tax Compliance Act (FATCA) has been published by the US Internal...
Meghan Markle Could Unlock Tax secrets of the Royals
Britain’s Prince Harry marrying American TV actress Meghan Markle opens a can of FATCA worms for the royals.
The Paradise Papers have revealed the royals...
FATCA List – November 2017
The US tax man has had a shake out of foreign financial institutions that have signed up to the Foreign Account Tax Compliance Act.
In...
Time Running Out For FATCA Repeal Action
Time is running out for Washington senators to back the repeal of the controversial Foreign Account Tax Compliance Act (FATCA).
Politics in Congress is all...
Scrap FATCA Now, Demand Campaigners
Campaigners have sent an open letter to US Treasury Secretary Steve Mnuchin demanding that the government acts to scrap controversial laws exposing banking secrecy.
The...
US Tax Reform Pushes Ahead But No Move On FATCA Or...
America’s ruling Republicans have announced a major tax reform for international businesses – but failed to say a word about changing how US expats...