Tax & Regulation
North America | 19 Jan 14
dc judge says us banks must provide
In what is being seen as a major blow to US opponents of FATCA‚ a federal court judge has ruled that US banks must provide information to foreign governments on the accounts they hold of these countries' citizens‚ in the same way the US expects foreign institutions to furnish details of the overseas accounts of Americans.
Tax & Regulation | 19 Jan 14
fatca could be delayed again cna
A report published by Taiwan’s Central News Agency on Sunday has suggested that the Foreign Account Tax Compliance Act may be about to be delayed again‚ for another six months.
Tax & Regulation | 16 Jan 14
hmrc warns swiss accounts of investigation
HM Revenue & Customs is getting ready to send out a second targeted tranche of letters later this month aimed at taxpayers who may be impacted by the UK/Swiss Tax Cooperation Agreement.
North America | 14 Jan 14
irs watchdog says its offshore voluntary
The Internal Revenue Service has been too hard on those Americans who have come forward in recent years to disclose their unreported overseas bank accounts‚ according to a Congressionally-appointed watchdog.
Tax & Regulation | 13 Jan 14
blackrock under fire from italian regulator
BlackRock is under formal investigation by Italian securities regulator Consob due to alleged insider trading of shares in Italian oil and gas company Saipem.