National

U.S. Treasury Engaging with More than 80 Countries to Combat Offshore Tax Evasion and Improve Global Tax Compliance

Due to overwhelming interest abroad, Treasury announces a six-month extension to the Foreign Account Tax Compliance Act withholding requirement​

WASHINGTON–(ENEWSPF)–July 12, 2013.  The U.S. Department of the Treasury and the Internal Revenue Service today announced that due to overwhelming interest from countries around the world, a six-month extension to the start of the Foreign Account Tax Compliance Act (FATCA) withholding and account due diligence requirements will be provided to allow more time to complete agreements with…

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