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Extract of Commentary from Deloitte – http://www.fsitaxposts.com/2014/05/03/notice-2014-33-limited-transition-relief-fatca-u-s-withholding-coordination-rules/ On May 2, the U.S. Treasury [...]

FATCA is a term that must be familiar to anyone who deals with US institutions or US persons. Few of us in the International Business Structuring space however, truly grasp the implications. It [...]

I began thinking of FATCA compliance on the part of money managers after last month’s report that 2 Canadian money managers resident in the Caymans and the Turks and Caicos islands were [...]

If it’s one thing I have been getting questions about, it’s the new Net Investment Income Tax as calculated on Form 8960.  Here’s something from the IRS on it… [...]

Eritrea? Where is that? Eritrea is a small, former Italian colony in North East Africa that emerged from its long war of independence in 1993 only to plunge once again into military conflict, [...]

I don’t think I can count the number of times an American expat has explained their situation and then asked the question – “what’s the chance of the IRS finding [...]

FBAR stands for Foreign Bank Account Report. It must be filed by “U.S. persons” if the person has an interest in, or signatory authority over a foreign financial account, and the [...]

For most, a PFIC is not necessarily a good thing.   PFICs are subject to complicated and strict tax guidelines by the Internal Revenue Service (IRS), which covers treatment of these [...]

Interesting reading on Singapore from the Swissinfo website.  I guess the Swiss are looking for company and are seeking to pull Singapore into their spotlight. [...]