The road ahead

Perspectives

The road ahead

ME PoV Winter 2013 issue

Thoughts on the final FATCA regulations

On January 17, 2013, the U.S. Treasury Department and Inland Revenue Service (IRS) released the long-awaited final regulations for the Foreign Account Tax Compliance Act (FATCA) and in so doing are attempting to provide a balanced and integrated method for implementing this law and a risk-based approach that effectively addresses policy, eliminates burdens and builds on existing practices and procedures.

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