FATCA

Middle East | 13 Sep 16

Israel’s high court has rejected a lawsuit to block the implementation of America’s foreign account tax compliance act (Fatca) despite claims that it violates the country’s basic law on human dignity and liberty.

North America | 2 Sep 16

An Israeli judge has ordered that the state suspend work on the implementation of America’s foreign account tax compliance act (Fatca), a move welcomed by deVere Group chief executive Nigel Green.

North America | 24 Aug 16

American Citizens Abroad (ACA), a campaign group for US citizens living overseas, has called on the US Treasury Department to amend Fatca regulations which would allow US expats to hold bank accounts exempt from the stringent reporting standards.

Companies | 3 Aug 16

An offshore bank in Belize, owned by prominent UK businessman Lord Ashcroft, has seen a sharp outflow of deposits following a US crackdown on tax evasion.

North America | 23 Jun 16

A former Credit Suisse banker, who has been on the run for five years, pleaded guilty in a US federal court on Wednesday to helping Americans evade paying tax.