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...

In anticipation of the IRS implementing its online FATCA certification process, now is the time to consider internal FATCA...

The Bahamas announced that its AEOI Portal is now open for CRS and FATCA registration and reporting. The key dates are: Deadline for...

The first round of IRS compliance certifications begins this summer. The current deadline is likely October 2018: 90 days after the IRS...