International Tax

FATCA – A Status Report

Many people doubted whether the United States Foreign Account Tax Compliance Act – commonly referred to by its acronym FATCA – was a viable piece of the legislation when approved by Congress six years ago, given its wide extra-territoriality. Yet, six years later, and most of the world’s nations have signed up to FATCA in one way or another. This special feature provides a status report on FATCA, and looks at how far the legislation’s tentacles have spread.

What Is FATCA?

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