This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print this page

February 8, 2012: Proposed Regulations

Foreign Account Tax Compliance Act (FATCA)


DOWNLOAD  

On February 8, 2012, the U.S. Treasury Department released proposed regulations on the Foreign Account Tax Compliance Act ("FATCA"). With the release of proposed guidance, Deloitte’s multidisciplinary FATCA team has been focused on helping clients assess new or amended organizational impacts and implications as well as leading the way toward FATCA compliance.

Read the IRS news release and IRS proposed regulations. In addition, the U.S. Treasury Department released a Joint Statement of Intergovernmental Approach to Improving International Tax Compliance.

The path forward: A practical guide for analyzing and implementing the newly proposed Foreign Account Tax Compliance Act Regulations. The report provides a deeper look into the potential implications the proposed FATCA regulation may have on financial institutions, along with the strategies and policies they can employ to efficiently achieve compliance.

Six takeaways from proposed FATCA rules issued by the U.S. Treasury Department and IRS. Here are six essential points to consider of the nearly 400 pages of proposed regulations that detail the plans to implement FATCA.

Proposed regulations and joint international statement issued on FATCA tax compliance. The article examines some of the ways in which the proposed regulations and the Joint Statement break new ground.

Full articles are available for download. For more information please contact a FATCA Leader or click here.

 

As used in this document, “Deloitte” means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Related links

Share this page

Email this Send to LinkedIn Send to Facebook Tweet this More sharing options

Stay connected