FATCA for foreign-based non-financial entities : the sequel

Resource Information

The work FATCA for foreign-based non-financial entities : the sequel represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

FATCA for foreign-based non-financial entities : the sequel

Creator

• Gorman, H
• Moens, B
• Lucchesi, J

Subject

• withholding tax
• MNE
• FATCA

Language

eng

Summary

This article is the sequel to "FATCA for foreign-based non-financial entities: a primer" and looks to provide further guidance to foreign-based multinational corporations (MNCs) as they prepare for compliance with the Foreign Account Tax Compliance Act (FATCA) in light of the final U.S. Treasury Department regulations released on 17 January 2013 (Final Regulations).This article is divided into six parts. After an introduction, the second part of the article provides a general background and history of the FATCA regime. The third part provides important dates for implementation of FATCA, identified in the Final Regulations. The fourth part analyses important differences between the Proposed Regulations and the Final Regulations with the goal of providing MNCs greater certainty so that they may react and implement changes within their own organizations. The fifth part provides recommendations. The sixth part concludes

Citation source

In: Tax management international journal. - Arlington. - Vol. 42 (2013),

Geographic coverage

North America

Language note

English