FATCA preparations now ‘a matter of urgency’, says KPMG
Fund managers and promoters alike are unprepared for the impact of FATCA legislation, says KPMG.
FATCA
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FATCA could cause investors to shun US market, KPMG expert warns
Some experts are warning that FATCA could cause investors to sell their US holdings before 2013.
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London & Capital launches US tax-compliant portfolios
L&C has launched a range of tax compliant managed portfolios for US clients living outside the US.
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IRS chief says US considering tax amnesty to flush out offshore accounts
The US is considering a new tax amnesty programme to lure taxpayers with undeclared offshore assets.
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Obama signs bill with hidden provisions affecting
President Obama yesterday signed into law a bill which contains little-publicised elements that are expected to impact non-US financial institutions, funds and collective investment structures.