New era begins as FATCA is introduced
The controversial US Foreign Account Tax Compliance Act (FATCA) has been introduced around the world today, marking a new era for tax planning.
The controversial US Foreign Account Tax Compliance Act (FATCA) has been introduced around the world today, marking a new era for tax planning.
A last minute, state controlled tax sharing agreement between the US and Russia is currently awaiting president Vladimir Putins approval, after being passed by the Federal Assembly of Russia last Friday.
Lead portfolio manager Daglio believes that attractive market areas include financials, manufacturing and technology.
New Zealand has signed a unique intergovernmental-agreement (IGA) with the US allowing it to keep low risk accounts exempt from disclosure after the introduction of FATCA next month.
Japans Dai-ichi Life Insurance Company has confirmed plans to acquire US-based Protective Life Corporation.
Tokyo based insurer Dai-ichi Life is reportedly making plans to acquire Protective Life, a midtier US insurance company.
Liechtenstein has signed an agreement with the US in order to assist with the implementation of FATCA.
Gulf-based investors are more willing to take risks within their portfolio than anywhere else in the world.
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.
Hong Kong has signed its first ever tax information exchange agreement (TIEA), paving the way for its implementation of the US foreign account tax compliance act.
Australia has signed an intergovernmental agreement (IGA) with the US in order to reduce the burden on financial institutions when complying with FATCA.