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FATCA Update

Thursday, June 6, 2013 12:00 PM to 1:00 PM
Boston Bar Association - 16 Beacon Street, Boston, MA


The program provides an update on developments related to the Foreign Account Tax Compliance Act (FATCA). Enacted in 2010, FATCA imposes new tax documentation, withholding and reporting requirements on financial institutions and other withholding agents (with new withholding rules to be effective as of January 1, 2014). The new rules are targeted at banks and other financial institutions but will also have a significant impact on multinational corporations and investors having to deal with cross-border payments and funds flows. In the update, we aim to provide some highlights from the final FATCA regulations issued in January 2013, developments related to intergovernmental agreements, the more immediate deadlines and the status of IRS guidance for implementing the new FATCA regime.


Sponsoring Section/Committee(s):




Jennifer Jones


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