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.
Neuberger Berman has launched an emerging market debt fund which will mirror an existing US-regulated strategy.
Allianz Global Investors is planning to launch a US small-cap fund in Europe later this year, for European investors.
Luxembourg has signed a FATCA agreement with the US, becoming the latest country to put in place legislation to manage the punitive tax rules.
Time is running out for financial institutions wishing to appear on the US Internal Revenue Service's list of FATCA compliant companies, as the registration closing date draws ever closer.
International advisory giant deVere has adapted its business model to cater for expat Brits as well as Americans and others living in New York
The Internal Revenue Service has been too hard on those Americans who have come forward in recent years to disclose their unreported overseas bank accounts‚ according to a Congressionally-appointed watchdog.
Ricardo V, a well-to-do Brazilian executive travels frequently between São Paulo and New York. He does not take one of the many non-stop flights, however. Rather he books a trip with a Miami stop-over. The Miami stop is not about company business, shopping or visiting relatives.
TOBAM, a Paris-based asset manager which bills itself “anti-benchmark”, has opened an office in New York City, and named two Amundi US execs to oversee its expansion, from there, across North America.
