Monday 1 December 2014
Compliance with FATCA
From LexisNexus Risk Solutions
The Foreign Account Tax Compliance Act is intended to reduce the levels of tax avoidance by U.S. citizens and entities through foreign financial institutions. Ana Maria De Alba AML consultant at CSMB discusses the specific FATCA requirements and the steps you can take to develop an efficient compliance program.
Labels:
banks,
compliance,
FATCA,
regulation,
tax evasion