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A section-by-section analysis of the final FATCA regulations
KPMG's Global FATCA team provides FATCA-related information on its website. The Foreign Account Tax Compliance Act (FATCA) is U.S. law that prevents offshore tax abuses by U.S. persons and affects global financial institutions, investment entities, as well as national banks and other financial organizations, which must report details on their U.S. cients directly.
The following KPMG reports concern U.S. FATCA developments:
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TaxNewsFlash - United States
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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.