Internal Revenue Service (IRS) officials are opening enrollment for its web app, the International Data Exchange Service (IDES), which targets financial institutions and host country tax authorities that want to “securely send their information reports” about U.S. persons governed by the Foreign Account Tax Compliance Act (FATCA) and/or the terms of intergovernmental agreements (IGAs). “More… Read More >>
Q&A: Are You Ready for FATCA, Phase 2?
(Editor’s note: Firms are moving into the second major phase of meeting the requirements of the Foreign Account Tax Compliance Act (FATCA). FTF News spoke to Micah Willbrand, the London-based director, global AML product marketing at NICE Actimize, about the changes firms are making as a result of FATCA compliance. For now, firms have some… Read More >>
