New FATCA Proposed Regulations: Eased Deadlines but the System Moves Forward

New FATCA Proposed Regulations: Eased Deadlines but the System Moves Forward

On February 8, 2012, the IRS released proposed regulations on the Foreign Account Tax Compliance Act ("FATCA") rules that were enacted in 2010. Under the proposed regulations, the FATCA regime remains applicable to non-U.S. investment vehicles, including hedge funds, private equity funds,...

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