The U.S. Foreign Account Tax Compliance Act (FATCA) seeks to identify U.S. persons who may evade U.S. taxes by placing assets in non-U.S. accounts. This article discusses who this effects while providing an overview of FATCA.
May 18, 2023 | Charles W. Cullen III
The U.S. Foreign Account Tax Compliance Act (FATCA) seeks to identify U.S. persons who may evade U.S. taxes by placing assets in non-U.S. accounts. This article discusses who this effects while providing an overview of FATCA.