We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 11-20 of 1,303

Voluntary disclosure initiatives highlight need for offshore foreign bank and financial reporting
  • Porter Wright Morris & Arthur LLP
  • USA
  • April 28 2015

Through the past several years, the U.S. Treasury Department and Internal Revenue Service have made enforcement of foreign bank and financial account


Ownership succession for family-owned banks : building the right estate plan
  • Bryan Cave LLP
  • USA
  • April 21 2015

For a number of community banks, the management and ownership of the institution is truly a family affair. For banks that are primarily controlled by


Taxpayer advocate recommends ways for IRS to simplify foreign asset reporting
  • Baker & Hostetler LLP
  • USA
  • April 20 2015

The National Taxpayer Advocate made three specific recommendations to the IRS to try to simplify the process for reporting foreign assets


IRS updates FAQs on FATCA IDES system
  • Steptoe & Johnson LLP
  • USA
  • April 9 2015

The IRS has updated FAQs regarding the International Data Exchange Services (IDES) system that allows the IRS to exchange taxpayer information with


BSI account holders now face 50 percent penalty on all undisclosed offshore accounts
  • Holland & Knight LLP
  • USA
  • April 1 2015

On Monday, March 30, 2015, the Department of Justice (the "Department") announced its first settlement under the Swiss Bank Program, potentially


Text of FATCA Agreement between the United States and Kosovo now available
  • Steptoe & Johnson LLP
  • Kosovo, USA
  • March 9 2015

The text of the Foreign Account Tax Compliance Act Model 1 Intergovernmental Agreement between the United States and Kosovo, which was signed on


IRS releases final instructions on FATCA withholding
  • Steptoe & Johnson LLP
  • USA
  • February 9 2015

The IRS released final instructions for Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding. It also released the 2015 Form


FATCA and modifications to Australia's IGA - 4 February 2015
  • PwC Australia
  • Australia, USA
  • February 4 2015

The United States has notified Australia (under Article 7 of the Australia-USA intergovernmental agreement (IGA) to implement FATCA) that it has


The ongoing saga of tax refund ownership for bank holding companies
  • Arent Fox LLP
  • USA
  • February 4 2015

The Third Circuit recently weighed into the ongoing debate over the ownership of tax refunds generated by a failed bank in FDIC receivership, but


FATCA self-certifications needed for opening accounts
  • Steptoe & Johnson LLP
  • USA
  • February 3 2015

The IRS updated guidance to provide that foreign financial institutions must obtain self-certifications at account opening. In Question 10 of the