FATCA: Next Steps for Asset Managers

March 25, 2013

The U.S. Department of the Treasury and the U.S. Internal Revenue Service released final regulations on January 17, 2013 implementing the Foreign Account Tax Compliance Act. Although some guidance is still forthcoming, the regulations at last give asset managers a clearer picture of the steps they will need to take over the next twenty-four months to become FATCA compliant.

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