April 30, 2012: State Bar of California – Taxation Section International Committee
State Bar of California – Taxation Section International submits comments to the February 8, 2012 released proposed regulations on the Foreign Account Tax Compliance Act (FATCA) by the Internal Revenue Service (IRS).
Comments are part of the delegation of the State Bar of California (Taxation Section) that will be traveling to Washington D.C. to meet with IRS and Treasury representatives on May 7 and 8. The title of the paper is "Proposed Expansion of Category of Registered Deemed-Compliant FFI: "The Good Faith Local FFI" and the Accidental American".
A copy of the comment letter, submitted to the IRS in response to FATCA can be downloaded. Contact FATCA leaders for further information.