The Treasury Department and the Internal Revenue Service (IRS) have issued proposed regulations for the next major phase of implementing the Foreign Account Tax Compliance…
At a meeting with European Union officials last week, the U.S. proposed changes to the Foreign Account Tax Compliance Act (Facta). Proposed changes are aimed at…
According to the SonntagsZeitung and World Radio Switzerland 11 Swiss banks have until Tuesday, December 20, 2011 to agree to deliver detailed information about their…