FATCA Webcast: Final Regulations on Foreign Account Tax Compliance Act (FATCA)
What do final regulations mean for your organization?
On January 17, 2013, the U.S. Treasury Department and the IRS released final regulations on the Foreign Account Tax Compliance Act (FATCA). Beginning this month, FATCA requires U.S. taxpayers with specified foreign financial assets, as well as foreign financial institutions, to identify and report on their U.S. account holders annually. What do the final regulations entail? Understand the final FATCA regulations and their implications, and explore ways your organization can respond.
- Specific changes reflected in final FATCA rules.
- A detailed comparison of the old regulations vs. the new regulations.
- Implications for U.S. and foreign financial institutions.
- Steps to consider in addressing FATCA compliance in light of the final regulations.