TAX AND FINANCIAL SERVICES CLIENT ALERT: U.S. Treasury/IRS Amend FATCA Rules and Extend Certain Deadlines

    View Author 25 October 2012
    As we move toward the end of 2012, many non-U.S. financial institutions have been eager for information on how the Foreign Account Tax Compliance Act (FATCA) is going to be implemented.  They are the entities which will have major obligations for due diligence and reporting about U.S. account holders, once the law becomes effective.