United States

FATCA Essentials



The Compliance Challenge Is On

On Jan. 17, 2013, the U.S. Treasury Department and IRS released final regulations for the Foreign Account Tax Compliance Act (FATCA). FATCA was enacted into law on March 18, 2010, to address the U.S. government's perception of widespread tax evasion by U.S. taxpayers that hold investments offshore.

With an extensive, multidisciplinary team of professionals with both FATCA and industry-related experience, KPMG is distinctly positioned to help you achieve compliance by the effective dates while maintaining business as usual. Learn more about our services:

Email us for more information about our FATCA services.

Issues & Insights for Financial Services

FATCA poses significant business challenges to financial services organizations, especially foreign financial institutions (FFIs) and U.S. withholding agents (USWAs), and affects their business models.

BanksWhat You Need to Know

Investment managersWhat You Need to Know

InsurersWhat You Need to Know

Issues & Insights for NFFEs

When FATCA comes fully into force, nonfinancial foreign enterprises (NFFEs) will also need to comply.

Read about requirements for NFFEs:

Latest Developments

KPMG's TaxNewsFlash alerts provide summaries of the latest tax regulatory and legislative developments being reported by KPMG International member firms around the globe.

TaxNewsFlash alerts that deal with developments related to FATCA are archived here: FATCA in TaxNewsFlash.

Check back frequently as TaxNewsFlash alerts on this topic are added frequently, often on a daily basis.

 

More Insights

Quick Links: