Tenga Cuidado con la Campaña de Precisión de Presentación de FATCA del IRS
Tenga Cuidado con la Campaña de Precisión de Presentación de FATCA del IRS was published on 1/23/19. El 30 de octubre del 2018, la división Internacional y de Grandes Empresas del IRS (“LBI”) anunció la aprobación de una campaña de cumplimiento que incluye cómo las Instituciones Financieras Extranjeras (“FFIs)) y ciertas Entidades Extranjeras No Financieras […]
Beware of the IRS FATCA Filing Accuracy Campaign
Beware of the IRS FATCA Filing Accuracy Campaign was published by JD Supra on 1/23/19. On October 30, 2018, the IRS Large Business and International division (LBI) announced the approval of a compliance campaign regarding Foreign Financial Institution (FFI) and certain Non-Financial Foreign Entity reporting of foreign assets held by their U.S. account holders and substantial […]
Is it time for Foreign Financial Institutions to hire IRS Representation?
Is it time for Foreign Financial Institutions to hire IRS Representation? published by JD Supra on 1/23/19. The Responsible Officer (RO) of a Participating Foreign Financial Institution (PFFI) or Reporting Model 2 FFI is required to file the FFI’s FATCA certification of an Entity’s preexisting accounts (COPA) and its Periodic Certification (PC) relating to an […]
Banquero Irá a la Cárcel por FATCA
Banquero Irá a la Cárcel por FATCA published by JD Supra on 11/2/18. El 11 de Noviembre del 2018, el Departamento de Justicia de los EE. UU. (“DOJ”) informó que el banquero Adrian Baron, el ex Director de Negocios y ex Director Ejecutivo de Loyal Bank Ltd, un banco “off-shore” con oficinas en Budapest, Hungría y […]
Banker will go to jail over FATCA
Banker will go to jail over FATCA was published by JD Supra on 11/2/18. On September 11, 2018, the US Department of Justice (DOJ) reported that banker Adrian Baron, the former Chief Business Officer and former Chief Executive Officer of Loyal Bank Ltd, an off-shore bank with offices in Budapest, Hungary and Saint Vincent and the […]
Certificaciones FATCA Son Debidas El 15 De Diciembre Y Es Mejor Certificar
Certificaciones FATCA Son Debidas El 15 De Diciembre Y Es Mejor Certificar was published by JD Supra on 10/2/18. Una certificación FATCA consiste en respuestas a una o más serie de preguntas que los Oficiales Responsables (RO) de ciertas entidades deben responder y enviar al IRS para confirmar el cumplimiento de las entidades con los […]
FATCA certifications due December 15 and it is best to certify
FATCA certifications due December 15 and it is best to certify was published by JD Supra on 10/2/18. A FATCA certification consists of answers to one or more series of questions that the Responsible Officers (RO) of certain entities must answer and submit to the IRS to confirm the entities’ compliance with the requirements of […]
¡FATCA Se Está Enforzando A Pesar De Hipos Y Reporte De TIGTA!
¡FATCA Se Está Enforzando A Pesar De Hipos Y Reporte De TIGTA! was published by JD Supra on 8/28/18. El 5 de Julio del 2018, el Inspector General del Tesoro para la Administración Tributaria (TIGTA) emitió un informe: https://www.treasury.gov/tigta/auditreports/2018reports/201830040fr.pdf titulado: “A pesar de gastar casi $380 Millones, el IRS aún no está preparado para hacer cumplir […]
FATCA Is Being Enforced Despite Hiccups And TIGTA Report!
FATCA Is Being Enforced Despite Hiccups And TIGTA Report! was published by JD Supra on 8/28/18. On July 5, 2018, the Treasury Inspector General for Tax Administration (TIGTA) issued a report https://www.treasury.gov/tigta/auditreports/2018reports/201830040fr.pdf titled: “Despite Spending Nearly $380 Million, the Internal Revenue Service Is Still Not Prepared to Enforce Compliance With the Foreign Account Tax Compliance Act”. The […]
El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo?
El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo? was published by JD Supra on 8/14/18. El 31 de Julio del 2018, el IRS publicó una Notificación (2018-9) para informar que la Certificación de Cuentas Preexistentes (COPA) y el Proceso de Certificación Periódica (relacionada con el cumplimiento de una Entidad con varios requisitos FATCA) ahora […]
FATCA Registration System Is Up And Running. Are You Ready?
FATCA Registration System Is Up And Running. Are You Ready? was published by JD Supra on 8/14/18. On 7/31/18, IRS released notification (2018-9) to inform that the Certification of Pre-Existing Accounts (COPA) and Periodic Certification Process (relates to an Entity’s compliance with various FATCA requirements) are now available in the FATCA Registration System. The Updates […]
US Passports: Taxpayers Should Act Before IRS Notifies The State Department
US Passports: Taxpayers Should Act Before IRS Notifies The State Department was published by JD Supra on 8/7/18. US Taxpayers that come forward to the IRS to arrange payment of their seriously delinquent tax debt before the IRS notifies the US Department of state stand to achieve a better outcome regarding the potential revocation or […]
