China

Details

  • Service: Tax, US Corporate Tax
  • Type: Publication series, Regulatory update
  • Date: 11/18/2009

Recent U.S. legislative initiatives – Foreign Account Tax Compliance Act of 2009 introduced 

Tax alert - Issue 27, November 2009


The recently-proposed, but yet to be enacted bill (variously referred to as "FATCA" or "FATCAT") represents an attempt to move forward on President Barack Obama's stated commitment to combat offshore tax evasion and address perceived tax abuses.

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