Our Events

The Foreign Account Tax Compliance Ac (FATCA)

Foreign Account Tax-Compliance Act workshop FATCA 26-27 September 2012 Fairmont Nile City - 100 participants – 24 participating banks

(FATCA) was enacted in 2011 as part of the United States Government’s Hiring Incentives to restore Employment (HIRE) Act and is an important development in the U.S.’s efforts to combat tax evasion by U.S. persons holding investment in offshore accounts.

Under FATCA, U.S. taxpayers holding financial assets outside the United States are required under U.S. Federal Law to report these assets to the IRS, and it is necessary for foreign financial institutions to enter into disclosure compliance agreements with the U.S. treasury, and all non-financial foreign entities (NFFEs) must report and/or certify their ownership to be subject to the same 30 percent withholding.

Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012
Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012
Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012
Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012
Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012
Foreign Account Tax-Compliance
Act workshop FATCA
26-27 September 2012