Details

  • Type: Event
  • Date: 2/27/2012

Location
Claremont Hotel,
Loch Promenade,
Douglas

Date & Time
27 Feb 2012, 9am - 11am

FATCA: are you ready? 

KPMG’s seminar will provide expert insight into the likely impact of the FATCA regulations, with particular comment on industry sectors on the Island including banking, investment management, life companies and trust service providers.

On 8 February the IRS released draft regulations covering the implementation of FATCA, the controversial US tax law aimed at gathering information about Americans holding financial assets abroad. The regulatory burden that FATCA will impose on financial institutions located in the Isle of Man is significant.

 

Although there has been a relaxation of some of the most contentious elements of the FACTA proposals, there has been no deferral of the implementation timeframe for the core provisions. Therefore, the time to act is now.

 

Interested in attending?

If you would like to attend, please contact Madeleine Jones via:

mjones@kpmg.co.im or

+44 1624 681000

David Parsons

David Parsons

Associate Director : Tax

+44 1624 681000

Sinead O Connor

Sinead O Connor

Senior Manager : Advisory

+44 1624 681000