FATCA
PwC makes acquisition for high speed FATCA and CRS reports
PwC has acquired software company Ellis Financial Systems in a bid to more rapidly meet new tax information reporting required under such regimes as the Foreign Account Tax Compliance Act (FATCA).
United Kingdom | 3 Sep 15
Ingenious unveils bespoke service for US clients
Ingenious Asset Management has formalised its offering for its transatlantic clients with the launch of IAM-US.
North America | 24 Jun 15
Julius Baer to pay $350m for US tax evasion
Swiss bank Julius Baer has set aside $350m to settle tax evasion allegations with US tax authorities, significantly reducing the time accountholders have to voluntarily disclose their details at a reduced penalty.
North America | 15 Jun 15
Anti-FATCA group finalises lawsuit against Canadian Gov’t
A group promoting Canadian sovereignty has raised 80% of the funds required to take the Canadian Government to court for providing residents’ details to the US for its Foreign Account Tax Compliance Act (FATCA).
North America | 11 Jun 15
Financial institutions must prepare for ‘FATCA on steroids’
Financial institutions around the world must ‘get their act together’ for the introduction of the OECD’s Common Reporting Standard (CRS) in seven months, Linedata has warned.