Continue reading "Trusts: Clamping down"
Trusts: Clamping down
Emma Jordan and Patricia Boon assess the impact of the US’s FATCA on trusts ‘The introduction of FATCA may be seen as part of the continued development towards achieving a “white list” standard of tax compliance internationally’.The US government published the final regulations under the Foreign Account Tax Compliance Act (FATCA) in January. The following …