Court Case FATCA Israel

Israeli High Court Dismisses FATCA Petition

A local branch of the U.S. Republican Party had filed a petition on January 11, 2016 with the High Court of Justice in Israel, Israel’s highest court, opposing FATCA laws. …

FATCA Passive Foreign Investment Company

US Expatriates and PFICs

Traditionally, when a U.S. person would find themselves spending long times abroad and potentially living in a foreign country, they would start to make investments in the local economy.  Most…

FATCA OVDI Streamlined Procedure Tax Amnesty

More Banks Added to IRS’ Disclosure Blacklist

The IRS maintains a list of Foreign Financial Institutions or Facilitators, essentially a blacklist of institutions which have been determined to be complicit in evasion of U.S. taxes.  While taxpayers…

FATCA U.S. Withholding

FATCA: Upcoming Amendments

The Treasury and IRS are poised to amend regulations under Chapters 3 and 4 of the Internal Revenue Code regarding the Foreign Account Tax Compliance Act (“FATCA”).  These changes will…