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Foreign Account Tax Compliance Act (FATCA) means increased disclosure requirements, penalties and audit periods
- Holland & Knight LLP
- -
- USA
- -
- July 9 2010
While the name changed from the Stop Tax Haven Abuse Act (Abuse Act), which was first introduced on February 17, 2007, to the Foreign Account Tax Compliance Act (FATCA), which became effective on March 18, 2010, the intent remained the same
Act now to prepare for IRS employment tax audit initiative
- Holland & Knight LLP
- -
- USA
- -
- February 25 2010
A new IRS employment tax audit initiative heightens the need for employers to review their practices for classifying workers and structuring compensation, benefit, and reimbursement plans
