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

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 payme...

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 ca...

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 FATC...

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

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

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

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