Tag Archives: financial services

Easing the pain of FATCA

Urged by the financial services industry that the rules under FATCA would be “totally unworkable” the IRS issued several Notices (2010-60, 2011-34 and 2011-53) to ease the implementation of FATCA. Now come the proposed Regulations containing some relief, especially in the start date of the obligations under the Act. The proposed regulations exclude from the … Continue reading Easing the pain of FATCA