Proposed FATCA Regulations: Some Significant Contacts Relief for Foreign Institutions, but Challenges Ahead

Proposed FATCA Regulations: Some Significant Contacts Relief for Foreign Institutions, but Challenges Ahead

On February 8, 2012, the Internal Revenue Service (IRS) and the Treasury Department released the highly anticipated proposed regulations (Proposed Regulations) that, when published in final form, would implement the withholding and information reporting provisions of the Foreign Account Tax...

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