Cayman Islands investment entities that have been classified as “Reporting Cayman Islands Financial Institutions” for purposes of FATCA (or their “sponsoring entities,” if applicable) may register and file reports, as applicable, with the Cayman government by these extended deadlines without attracting adverse consequences or enforcement measures. Read the full article… Cayman Islands FATCA Compliance Deadlines…
On April 28, 2015 an announcement was published in the “Tractatenblad van het Koninkrijk der Nederlanden” stating that the Agreement between the Kingdom of the Netherlands and the United States of America to improve international tax compliance and to implement FATCA entered into force on April 9, 2015. Read the full article… FATCA IGA Agreement…
There are over 100 countries around the world that are now “FATCA-compliant.” Mexico is one of the earlier Latin American countries to comply. This means that Mexican banks will be sending to the IRS specific information regarding accounts held by U.S. persons. In this article, we discuss how FATCA is affecting the average U.S. expat…
In line with its campaign for greater financial transparency, the United States has signed an agreement with the Vatican in tracing American taxpayers who have assets hidden in the Holy See. Vatican Agrees to Go After US Tax Evaders: Why This Matters to You was last modified: August 10th, 2015 by US International Tax Advisors