Monday, February 3, 2014

UK Trusts Reporting Requirements Under the UK-US IGA (FATCA)

STEP, alongside ICAEW and the Law Society, has recently published a guide to help trustees determine the status of UK trusts under the UK/US Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement. 

In his latest blog post George Hodgson, Deputy Chief Executive of STEP,  tells us why practitioners need to consider urgently the status of all UK trusts for which they are responsible under the FATCA regulations.  

FATCA Problems?

Contact the Tax Lawyers at 
Marini & Associates, P.A.  
for a FREE Tax Consultation
Toll Free at 888-8TaxAid (888 882-9243)


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