Background and Current Status of FATCA

Byrnes, William; Munro, Robert; Young, Mary Alice

Abstract

The LexisNexis® Guide to FATCA Compliance provides a framework for meaningful interactions among enterprise stakeholders, and between the FATCA Compliance Officer and the FATCA advisors/vendors. Analysis of the complicated regulations, recognition of overlapping complex regime and intergovernmental agreement requirements (e.g. FATCA, Qualified Intermediary, source withholding, national and international information exchange, European Union tax information exchange, information confidentiality laws, money laundering prevention, risk management, and the application of an IGA) is balanced with substantive analysis and descriptive examples. The contributors hail from several countries and an offshore financial center and include attorneys, accountants, information technology engineers, and risk managers from large, medium and small firms and from large financial institutions. Thus, the challenges of the FATCA Compliance Officer are approached from several perspectives and contextual backgrounds.

• Publication Date: Jan 1, 2016
• Deposit Date: Jun 23, 2016
• Peer Reviewed: Peer Reviewed
• Pages: 1-119
• Series Title: LexisNexis® Guide to FATCA Compliance
• Book Title: LexisNexis® Guide to FATCA Compliance
• ISBN: 9781522103745
• Keywords: FATCA, tax, voluntary disclosure programmes, fraud, disclosure facilities, Crown Dependencies
• Public URL: https://uwe-repository.worktribe.com/output/917465
• Publisher URL: http://www.lexisnexis.com/store/catalog/booktemplate/productdetail.jsp?pageName=relatedProducts&catId=&prodId=prod19190327#
• Additional Information: Additional Information : Dr Young's contribution is contained within Chapter 1.; Corporate Creators : LexisNexis
• Contract Date: Jun 23, 2016