Tax Law

Recent Posts

More FATCA Reporting Requirements Guidance for FFIs
Posted on 10 May 2011 by Neil Aragones

In April, the IRS issued Notice 2011-34, modifying and supplementing initial guidance provided by Notice 2010-60 on the future reporting, documentation, and withholding requirements for foreign financial institutions (FFIs) that have U.S. accounts. Notice... Read More

Treasury Official: Payments Under Fixed-Term Revolvers Likely to Qualify for FATCA Exemption
Posted on 26 Jan 2011 by Matthew Kaden

On Friday, January 21, 2011, a Treasury Department official [Itai Grinberg] gave his views on the treatment an important issue under FATCA that affects the PE and VC industries... [Grinberg] stated that he believed that payment obligations under revolving... Read More