FATCA Report – What’s New?

What’s new with FATCA? Robert Wood updates us:

“If you’re a fan of FATCA—the Foreign Account Tax Compliance Act that adds even more foreign account disclosure rules—you and the IRS may be alone.  Most hate it, including banks and other institutions.  See Oh Canada!  Hating FBARs And FATCA.  But if it isn’t repealed—and repeal seems unlikely—you’ll need to start slogging through compliance.”

You can read the complete article at:

http://www.forbes.com/sites/robertwood/2011/11/17/irs-fatca-guidance-round-3/

Advertisements

One thought on “FATCA Report – What’s New?

  1. Pingback: Buy U.S. Real Estate – Get A Resident VISA – Become A Friend of The IRS For Life! « Renounce U.S. Citizenship – Be Free!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s