In 2010, Congress enacted the Foreign Account Tax Compliance Act (FATCA) as part of the Hiring Incentives to Restore Employment Act ("the HIRE Act"), and the legislation amended the Internal Revenue Code with the goal of increasing foreign account...
On March 18, 2010, President Obama signed into law H.R. 2847, the
Incentives to Restore Employment Act (HIRE). HIRE targets job creation
providing tax incentives, such as business credits to companies for
employees. The offset...