Your Foreign Financial Institution (FFI) has been sold or dissolved. You remember to cancel the FFI’s IRS FATCA portal registration. ...

Feeling good about your FATCA compliance? How about GDPR compliance? The European Union (EU) General Data Protection Regulation (GDPR)...

Mauritius issued new regulations on April 23, 2019 that amend the Income Tax (Common Reporting Standard) Regulations 2018. The new...

Once again, the Cayman Islands has extended the deadline for FATCA and Common Reporting Standard (CRS) reporting from May 31 to July 31....

The Internal Revenue Service (IRS) recently announced that an individual must have her own tax identification number (TIN) in order to be...

Check your FATCA account in box and you will discover that the second Responsible Officer (RO) FATCA certification season is already upon...

Today the IRS released proposed FATCA regulations which clarify the definition of “Investment Entity,” and eliminate withholding on...

Human Resources (HR) has the power to prevent honest employees from being investigated by the IRS. Helping employees and their children...

The IRS Large Business and International division (LB&I) recently announced five new compliance campaigns including a FATCA compliance...

FATCA requires U.S. Financial Institutions (USFIs) to withhold 30 percent on U.S. Source Withholdable Payments made to Foreign Financial...

On September 11, 2018 Adrian Baron, Chief Business Officer at Loyal Bank Limited, Budapest pleaded guilty for failing to comply with...

To comply with FATCA regulations, each Sponsored Entity must enter into a written agreement with its Sponsoring Entity. The Sponsoring...

The IRS implemented its online FATCA certification process and sent out messages to registered financial institutions this week. Check...