Banking Compliance and FATCA Archives - Page 16 of 21

Banker will go to jail over FATCA

November 2018

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

JD Supra

Certificaciones FATCA Son Debidas El 15 De Diciembre Y Es Mejor Certificar

October 2018

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

JD Supra

FATCA certifications due December 15 and it is best to certify

October 2018

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

JD Supra

¡FATCA Se Está Enforzando A Pesar De Hipos Y Reporte De TIGTA!

August 2018

¡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

JD Supra

FATCA Is Being Enforced Despite Hiccups And TIGTA Report!

August 2018

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

JD Supra

El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo?

August 2018

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

JD Supra

FATCA Registration System Is Up And Running. Are You Ready?

August 2018

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

JD Supra

US Passports: Taxpayers Should Act Before IRS Notifies The State Department

August 2018

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

JD Supra

Official Hope for the De-Risked?

July 2018

Official Hope for the De-Risked? was published by JD Supra on 7/25/18. Deficiencies in Anti-Money Laundering (AML) frameworks and policies have triggered a significant number of Financial Institutions (FIs) to de-risk. The FIs that de-risk as a solution to AML

JD Supra

If my Virtual Currency is walking around with me, is it reportable?

June 2018

If my Virtual Currency is walking around with me, is it reportable? – JD Supra 7/19/18. Virtual Currency (VC) storage comes in the form of a “wallet” with private digital keys. The “wallets” can be domiciled in VC exchanges that

JD Supra

I didn’t know that I was American

June 2018

I didn’t know that I was American – JD Supra 6/5/18. There are Individuals out there that are US Citizens (“Americans”) and they are not aware of it. Under US Tax Law, these individuals have US tax reporting responsibilities and

JD Supra

“File before the IRS discovers that you failed to choose the Exclusion”: words of wisdom to US Taxpayers Living Abroad

June 2018

“File before the IRS discovers that you failed to choose the Exclusion”: words of wisdom to US Taxpayers Living Abroad – JD Supra 6/1/18. If you are a US citizen or a Permanente Resident and you live abroad, you are