Treasury and the Internal Revenue Service have made several announcements in the past fews days as the steady march of FATCA implementation continues. 2. On January 7, 2015, the IRS published an ...

The Internal Revenue Service has released for public comment draft versions of three forms for complying with the Foreign Account Tax Compliance Act, or FATCA. FATCA was included as part of the HIRE ...

The IRS issued a request for comment on two new proposed FATCA-related forms on August 15, 2012. The first is Form 8956, Application for Foreign Account Tax Compliance Act (FATCA) Individual ...

The Internal Revenue Service has released a draft version of a new form for reporting on foreign bank accounts under the Foreign Account Tax Compliance Act. FATCA, which was enacted as part of the ...

Cryptocurrency is a decentralized virtual currency. Unlike traditional currency, it exists independently of any government or financial institution. Additionally, it can be sent between users without ...

The Foreign Account Tax Compliance Act is fundamental as it affects how you report your finances, especially as an expat abroad. FATCA is why you may need to file a Report of Foreign Bank and ...

The Internal Revenue Service on Monday launched an online registration program for the hundreds of thousands of financial firms around the world that must comply with a U.S. anti-tax evasion law or ...

Is any offshore income, account or trust still secret? The only safe assumption is no. And contrary to public opinion, it is not merely a prospective problem. Many equate the question solely to FATCA, ...

The IRS has released a draft version of Form 8966, which banks and other financial institutions will use to comply with FATCA. FATCA, the Foreign Account Tax Compliance Act, comes into effect January ...

On Thursday, the IRS released a draft Form 8966, FATCA Report, which will be used by foreign financial institutions (FFIs) and withholding agents to comply with their FATCA reporting and withholding ...