Tax lawyer Stuart Schabes co-presented “FATCA – 2013 and Beyond” at The Perfect Storm: US Tax Legislation and IRS Compliance 2013, a program hosted by Philip Stein & Associates and ERM.

The discussion included:

- FATCA introduction

- Current Climate of Aggressive IRS

- What does FATCA compliance mean?

- The scope

- Joint statements and bilateral agreements

- United Kingdom and Switzerland

- The details

- What is required?

- Timelines

- Israel and what’s next

- Israel-US FATCA agreement and Israeli financial institutions’ response

- Current US enforcement efforts

- “Son-of-FATCA”