FATCA Compliance — Preparing for the Challenges Ahead

Presented by

Richard Kando, Jeffrey Locke, Philip West, Esq.,

About this talk

The Foreign Account Tax Compliance Act (“FATCA”) is likely the most far-reaching statute to combat offshore tax evasion in recent history. FATCA generally mandates foreign financial institutions (“FFI”) and non-financial foreign entities (“NFFE”) to identify accounts owned by, or for the beneficial interest of, United States taxpayers to the Internal Revenue Service. The penalty for non-compliance is steep: a 30% withholding tax on certain payments. This webcast provides an overview of FATCA and examines the legal and regulatory impacts on foreign financial institutions. What You Will Learn: --FATCA Overview --The Law and IRS Guidance --Practical Considerations Who Should Attend: Representatives from Compliance, Tax, Operations, Legal and Client Services from financial institutions. Also, in-house and outside counsel interested in or currently working on matters involving international tax, anti-money laundering or anti-corruption will benefit from this program. Presenters: Please join Richard Kando and Jeffrey Locke of Navigant Consulting, and Philip West, Esq., a partner at Steptoe and Johnson LLP, as they address these issues as well as your questions.

Related topics:

More from this channel

Upcoming talks (0)
On-demand talks (191)
Subscribers (16898)
Timely webcasts, analysis, updates and presentations about securities litigation, SEC enforcement and white collar issues. This channel allows listeners to learn about cutting-edge issues from the leading attorneys, consultants, and other professionals in the securities litigation industry.