From ACT Wiki
Revision as of 16:16, 25 June 2022 by imported>Doug Williamson (Links ordering.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

The US Foreign Account Tax Compliance Act.

FATCA is designed to combat tax avoidance and tax evasion by United States taxpayers, through their holdings of bank accounts and other financial assets outside of the US.

FATCA imposes reporting, compliance and withholding tax obligations on non-US financial institutions and groups.

See also