When Congress passed the Foreign Account Tax Compliance Act (FATCA) (as part of the Hiring Incentives to Restore Employment Act, P.L. 111-147) in 2010, the Joint Committee on Taxation estimated it ...

The Internal Revenue Service is now requiring taxpayers and financial institutions to authenticate their identities when they sign in or register to use the Foreign Account Tax Compliance Act website ...

The Internal Revenue Service’s Taxpayer Advocate Service, an independent advocacy office within the agency, says some reporting requirements for expatriate Americans are duplicative and unnecessary.

WASHINGTON (Reuters) - The Internal Revenue Service on Monday launched an online registration program for the hundreds of thousands of financial firms around the world that must comply with a U.S.

The Foreign Account Tax Compliance Act is fundamental as it affects how you report your finances, especially as an expat abroad. FATCA is why you may need to file a Report of Foreign Bank and ...

NEW YORK (Reuters) - A U.S. law meant to snuff out billions of dollars in offshore tax evasion has drawn the criticism of the world's banks and business people, who dismiss it as imperialist and "the ...

Management and technology consultancy BearingPoint was selected by Société Générale Group, one of Europe’s largest financial services groups, to provide a solution to the new tax reporting ...