HMRC has updated its website page on the UK Foreign Account Tax Compliance Act (FATCA) to take account of the most recent UK regulations. The International Tax Compliance (United States of America) Regulations 2013 come into force on 1 September and set out obligations of reporting financial institutions in relation to US reportable accounts under FATCA. HMRC has produced guidance notes for institutions to help them work out how to comply with FATCA's requirements. (Source: HMRC Updates FATCA Pages)
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HMRC updates FATCA pages
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