The Resource The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts

The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts

Label
The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts
Title
The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts
Creator
Subject
Language
eng
Summary
In this article, the author explains how a "loophole" in the Foreign Account Tax Compliance Act (FATCA) enables unscrupulous tax and financial advisors to help their nonresident alien clients hide income earned in U.S. financial institutions out of the reach of foreign governments. This prevents governments from achieving the full tax compliance benefits of the goals stated in FATCA intergovernmental agreements
Citation source
In: Tax notes international. - Falls Church. - Vol. 98 (2020), no. 11 ; p. 1235-1244
http://library.link/vocab/creatorName
Martin, P.W
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • FATCA
  • tax evasion
  • beneficial ownership
  • exchange of information
  • IGA
  • tax compliance
  • non-resident alien
  • foreign source income
Label
The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts
Instantiates
Publication
Label
The need to close the FATCA loophole to preserve the integrity of U.S. tax enforcement efforts
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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