Solutions Group Manager recruitment

The Foreign Account Tax Compliance Act (FATCA) is a new US law with the objective to combat offshore tax evasion by US persons who invest directly through financial accounts maintained offshore or indirectly through ownership interests in foreign entities. FATCA requires all foreign financial institutions to identify US accounts, comply with prescribed verification and due diligence procedures, file annual tax information reports on US accounts with the IRS, withhold on payments made to non-participating FFIs or recalcitrant accounts and to obtain a waiver of foreign privacy or bank secrecy rules Read more […]

November 18, 2011 • Tags: , • Posted in: Financial • Comments Off on Solutions Group Manager recruitment