The Foreign Account Tax Compliance Act and Notice 2010-60

The Foreign Account Tax Compliance Act and Notice 2010-60

On March 18, 2010, the Foreign Account Tax Compliance Act ("FATCA"), Subtitle A of Title V of Public Law 111-147, was enacted into law. The provisions of FATCA are intended, as the title indicates, to promote compliance with U.S. law requiring U.S. persons to report income from offshore...

  • Tags: