Squire Sanders partners Andreas Fillmann, Jeff Levin and Mitch Thompson have had an article published in Bloomberg BNA’s Daily Tax Report.
"Global Tax Transparency and FATCA Implementation From a German Perspective" examines the implementation of the US Foreign Account Tax Compliance Act (FATCA) in Germany and other related global compliance efforts.
As states enact and implement various measures to gain information about the income earned and assets maintained abroad by their taxpayers, this topical article looks at the situation in Europe and Germany and discusses what taxpayers, advisors and banks should know about the most recent intergovernmental agreements and compliance requirements.
©2014 Bloomberg Finance L.P. Originally published by Bloomberg Finance L.P. Reprinted with permission. The opinions expressed are those of the author.