FATCA is not just another tax issue, but rather a significant change
in U.S. tax enforcement that will require financial institutions in
the U.S. and abroad to devote substantial resources to the law’s
goal of preventing the evasion of U.S. tax laws by U.S. citizens.
Complying with the regulations and the various Inter-Governmen-
tal Agreements the U.S. has entered into with other countries to
implement this law comes with considerable challenge, including
the need for new and/or extended information and reporting
systems. With compliance dates on the horizon, please join Sally
for an always-expert discussion of this far reaching law.