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U.S. government issues FATCA proposed guidance & approach to automatic exchange of FATCA information
- Akerman LLP
- France, Germany, Italy, Spain, United Kingdom, USA
- February 9 2012
On February 8, 2012, the U.S. Department of the Treasury ("Treasury") and the Internal Revenue Service ("IRS") issued the long-awaited Proposed Regulations with respect to the Foreign Account Tax Compliance Act ("FATCA"