Elizabeth A. McMorrowMar 31, 2022FATCA: When Is An Account Dormant?In many jurisdictions such as the U.S., there are laws dictating when a financial institution must consider a customer’s financial...
Elizabeth A. McMorrowOct 22, 2018When Must a USFI Use the FATCA Withholding Stick?FATCA requires U.S. Financial Institutions (USFIs) to withhold 30 percent on U.S. Source Withholdable Payments made to Foreign Financial...