Guernsey and Jersey are in the throes of assessing the latest US Foreign Account Tax Compliance Act (FATCA) proposals and the effect on financial institutions based in each of the centres.
The US Treasury today issued updated proposals designed to fight offshore tax evasion.
HM Treasury is pressuring the US government to "carve out" low-risk institutions from FATCA, ahead of a draft paper due this week.
The Foreign Account Tax Compliance Act (FATCA) is set to impact advisers with American clients when it comes into force in 2013. David Treitel, tax director at US Tax & Financial Services Ltd, explains how best to manage the risks
The Labour government was rightly derided for many things, but one event that happened under its watch should be applauded: the introduction of the Freedom of Information Act.
The Foreign Account Tax Compliance Act (FATCA) is set to impact advisers with American clients when it comes into force in 2013. David Treitel, tax director at US Tax & Financial Services Ltd, explains how best to manage the risks
From June 2013, a new piece of tax regulation could have a serious impact on your business.