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  1. FATCA Reminder for Investment Funds

    April 02, 2014

    FATCA and important considerations and actions investment funds should not wait on. Submitting electronic registration on the IRS FATCA portal. Processes and procedures need to be in place in order to properly document the FATCA status of investors admitted thereafter.

  2. Preparing for FATCA: An in-depth discussion of the issues, timeline and action plan for funds

    June 03, 2013

    Info for private equity funds preparing for FATCA. Timeline and an action plan for funds preparing for FATCA. Private Equity Fund managers have these methods for becoming FATCA compliant. FATCA terms that all fund managers should be familiar with.

  3. IRS Eases FATCA Compliance Rules

    January 25, 2019

    On December 18, 2018, the IRS released proposed regulations that are intended to clarify, reduce and/or eliminate certain FATCA reporting requirements. The proposed regulations address a number of items, with the more salient items described here.

  4. What You Need to Know About FATCA

    January 07, 2014

    Dates for when provisions of FATCA become fully effective. FATCA compliance and the types of foreign entities need to be FATCA compliant as well as the IRS registration process. Michael Laveman in financial services provides audit, tax and advisory services to hedge funds and private equity funds.

  5. Trends & Developments - June 2014 - How Does FATCA Impact You?

    June 18, 2014

    FATCA legislation encompasses all U.S. businesses that make payments to non-U.S. entities or individuals. As part of an overall effort by the U.S. Department of Justice, FATCA addresses potential tax evasion through offshore accounts and investments. Details on Form W-8BEN-E.

  6. Cayman Islands FATCA (U.S.- U.K.) and Common Reporting Standard (CRS) Deadlines in 2016

    June 06, 2016

    Investment advisers who manage Cayman Islands investment entities should be aware of the separate compliance obligations under U.S. FATCA, U.K. FATCA and CRS. The following summary outlines the 2016 requirements.

  7. IRS Extends Implementation Deadline for Certain Limited Aspects of FATCA

    September 25, 2015

    The IRS extended the implementation deadline for certain limited aspects of FATCA. In order to comply with FATCA’s information reporting objectives and avoid 30% withholding, investment funds and other foreign financial institutions must do the following.

  8. Asset Management Intelligence - February 2015 - FATCA’s Major Impact on Domestic and Foreign Funds

    February 06, 2015

    FATCA compliance information for domestic funds and foreign funds. FATCA requires reporting of U.S. account information to the applicable tax authorities. Almost every asset management fund will have to comply with FATCA.

  9. Attention U.S. and Foreign Multinationals: Approaching Registration Deadline Under FATCA for Your Non-U.S. Retirement Plans

    March 26, 2014

    FATCA compliance is now an essential part of providing employee benefits outside of the U.S. FATCA withholding and reporting deadlines for FFIs. Exemptions for non-U.S. retirement plans under FATCA and filing IRS Form W-8BEN-E and individual taxpayer compliance.

  10. Updated: Cayman Islands AEOI Portal for CRS Notification and FATCA Reporting Is Open: Several Deadlines Have Been Extended

    June 15, 2017

    The Cayman Islands Department for International Tax Cooperation has opened its Automatic Exchange of Information Portal (AEOI Portal) for notifications for the Common Reporting Standard (CRS) and FATCA reporting.