Foreign Account Tax Compliance Act (FATCA)/ Compliance Executive recruitment

The Foreign Account Tax Compliance Act (FATCA) is an important development in U.S. efforts to improve tax compliance involving foreign financial assets and offshore accounts. FATCA will require foreign financial institutions to report directly to the IRS information about financial accounts held by U.S. taxpayers, or held by foreign entities in which U.S. taxpayers hold a substantial ownership interest. As such, our client is seeking an experienced FATCA Compliance executive with experience of implementing FATCA within an international bank.