Foreign Account Tax Compliance Act (Fatca)
The Italian government will start applying a 26% tax rate on financial gains from 1 July, as announced by PM Matteo Renzi at the beginning of his presidency.
30 June 2014
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Despite a push to obtain agreements with foreign governments through April, the US Treasury's own website notes the large number of outstanding Intergovernmental Agreements yet to be implemented fully around the Foreign Account Tax Compliance Act (Fatca)....
15 May 2014
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The Luxembourg and US governments have today signed an agreement to improve international tax compliance and implement the so-called Model 1 Intergovernmental Agreement (IGA) of the US Foreign Account Tax Compliance Act (FATCA).
28 March 2014
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Colin Camp, managing director of Products & Strategy at Dion Global Solutions, which specialises in business process automation, says those seeking solutions to Fatca should not forget the OECD's Common Reporting Standard.
25 February 2014
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Data from the Association of the Luxembourg Fund Industry points to net fund sales of some €193bn through the past year, or about half of all net fund sales across Europe.
30 January 2014
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Financial information provider Interactive Data Corporation has announced that it has released a comprehensive reference data to assist financial services firms as they prepare to comply with the US Foreign Account Tax Compliance Act (FATCA).
07 November 2013
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The US Department of the Treasury and US Internal Revenue Service have published proposed guidance for Foreign Financial Institutions as defined under the Foreign Account Tax Compliance Act (Fatca), and which are covered by Model 2 Intergovernmental Agreements...
29 October 2013
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Fatca has been cited as one of the areas that can be better addressed through the merger of technology companies, more specifically in the form of the recent acquisiton of US based AnalytX by eFront, the specialist in solutions for alternative asset managers....
24 October 2013
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Documents detailing answers to two sets of FAQs - frequently asked questions - have been posted by the US Internal Revenue Service as part of its ongoing work to implement the Foreign Account Tax Compliance Act - Fatca.
20 September 2013
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The International Securities Association for Institutional Trade Communication (ISITC) Europe has launched its latest Working Group dedicated to covering the operational impact of US Fatca legislation on European financial institutions.
03 September 2013
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