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Foley Hoag LLP

FATCA: With Deadlines Looming, the Time to Act is Now

Foley Hoag LLP on

On July 1, 2014, FATCA will go into effect. As a consequence, foreign entities that receive payments or allocations of certain U.S.-source income generally will be subject to a new 30 percent U.S. withholding tax on such...more

Proskauer Rose LLP

FATCA Deadlines Extended

Proskauer Rose LLP on

On July 12, 2013, the U.S. Internal Revenue Service (IRS) issued Notice 2013-43 (Notice) which extends certain key deadlines for implementing FATCA, and provides guidance regarding the effect of these deadlines on FATCA...more

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