26.04.2012 IRS proposes regulations on FATCA withholding and reporting
Bailey McCann, Opalesque New York: The IRS has released new proposed regulations for several sections of the US Foreign Account Tax Compliance Act (FATCA), the international tax collection legislation recently passed in the US. The bill itself was passed as a shell bill to allow appropriate regulatory authorities time to build out the details of the regulation after taking in industry feedback. T
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